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Middle Class Families to be 4,000 Worse Off
21/03/2011
It was recently reported in the Natonal Press that middle income families will be affected the most by the rise in the cost of living over the next 10 years.
The Resolution Foundation, which is an independent research group, discovered that middle income households (earning up to £48,000 per year) have been £150 worse off each year since 2000.
Its report suggests wages for low and middle earners have failed to keep pace with wider economic growth since the 1970s
Homeowners aged over 55 years who are worried about the impact of inflation and 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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