| |
Share, Like & Tweet!
|
|
|
< back to news stories
Might Equity Release Calm Worries About a Double Dip Recession
12/11/2010
After concerns have been raised regarding the possibility of a double dip recession, some homeowners are considering equity release to help them in this event.
Recent research by accountants BDO LLP has found that business confidence had dropped in August. This trend, which saw the index drop lower than the crucial 95 mark for the first time since July 2009, could be the warning signal that the economy may contract further in the fourth quarter of this year, claimed the business advisor.
The editor of Investment and Business News, Michael Baxter, commented that the economic prospects in the short-term are not very promising. He added: "That in no way is a good thing, the fact is the recession seems to have been dragging."
Homeowners aged over 55 years who would like to make sure they are up-to-date regarding all the financial options available to them and would like to know how much money the value of their property could release, can find out by contacting therightequityrelease.co.uk for equity release advice.
|
| |
|