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Equity Release To Combat Inflation
03/09/2010
The Alliance Trust Research Centre has revealed that 50 to 64-year olds in the UK currently face an inflation rate of 4.5 percent, the highest rate of inflation across the country.
This is the ninth consecutive month this age group has been worst off, with the rate being some 41percent higher than the headline rate of 3.2 percent.
Shona Dobbie, Head of the Alliance Trust Research Centre stated that it is currently the two highest age groups who are facing the highest levels of inflation. The most significant price rises contributing to this is the transport price inflation.
Homeowners aged over 55 years who would like to know how much money the value of their property could release to help increase their income can find out by contacting therightequityrelease.co.uk for equity release advice.
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