Equity Release Funds Home Improvements says Bower Retirement Services

Oct. 11, 2009 - PRLog -- Homeowners that fail to qualify for home improvement grants but face the need to have urgently needed or long-term desired work undertaken on their properties, whether new windows and doors, a new roof, conservatory, new boiler or heating system, fitted kitchen, bathroom or bedroom; are increasingly turning to Equity Release as the answer to their financial needs.

Making improvements to a home is a wise investment. However, meeting the costs of those improvements is often another matter for those who are retired and struggling to make ends meet on their poorly performing pension or dwindling savings.

Geoff Charles, Managing Director of Bower Retirement Services (http://www.brsequity.co.uk), says: “Many homeowners have money locked into their properties and this money could be released – tax free – to spend on anything, including home improvements.”

Geoff Charles continues, “Equity Release allows home owners to release tax-free cash from their homes and one of the most popular reasons for taking out these plans is to fund home improvements. Many home improvements can have cost saving effects - such as a new heating system that boosts energy efficiency – so the benefits are enhanced.”

Bower Retirement Services is an FSA regulated independent financial advice company that offers specialist advice on equity release throughout the south of England. For more information e-mail info@brsequity.co.uk or call 0800 4118668. Bower Retirement Services offers a free, no obligation initial consultation to homeowners considering Equity Release.

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Bower Retirement Services is an FSA regulated independent financial advice company that offers specialist advice on equity release throughout the south of England. For more information visit http://www.brsequity.co.uk.