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House Price Rise Increases Cash Available for Homeowners Considering Equity Release
28/05/2010
For the first time since June 2007, house prices have risen by double figures to 10.5% between April 2009 and April 2010.
Nationwide, who conducted this report, revealed that the average price for a home is currently £167,802.
This is great news to those of you who are considering to opt for an equity release scheme, as the value of the loan is based on the value of your home. Tax free money that is released from your property can be used to improve your current standard of living.
Anyone that is considering equity release schemes ought to contact an independent financial advisor who will be able to suggest the best policy for your given circumstances.
Homeowners who would like to know how much cash their property could release can find out by using the equity release calculator provided by therightequityrelease.co.uk
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