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Equity Release To Help With Long Term Care

20/09/2010

Safe Home Income Plans (SHIP) has welcomed recent announcements made by the coalition government regarding its commitment to provide long-term care for the elderly.

The director general of SHIP, Andrea Rozario recently stated that although for the majority of over 65s their largest asset is their home, they are unaware that equity release can be used to free funds and pay for domiciliary care. Indeed, many homeowners in this age bracket do not realise that they can remain in their own homes and afford to pay for care through equity release schemes.

Equity release schemes might be a reliable source of funding to help in the care of the aging population in the Britain.

Homeowners aged over 55 years who would like to know how much money the value of their property could release to help them fund home, residential or nursing care, can find out by contacting therightequityrelease.co.uk for equity release advice.

The Right Equity Release Limited which is authorised and regulated by the Financial Services Authority. Registered in England 07166676.
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