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Follow on Google News | More than One Million UK Homeowners Set to Release Property Cash to Fund RetirementRecent research carried out by Liverpool Victoria (LV=) has found that over a million Britons aged 50 plus plan to take advantage of the rising value of their property to help fund their retirement.
By: Geoff Charles LV says that some 12% of over 50s have opted to save less for their retirement; banking on the value of their home continuing to rise so that they can cash in on the profit. Vanessa Owen of LV said in a statement that proves there is confidence in the value of equity release: “In a matter of months millions of pre-retirees have seen both their property and pension fund values battered. Despite this, their confidence in the long-term value of bricks and mortar remains.” Equity release is steadily growing in popularity as a retirement solution and many pensioners are sitting on large amounts of property cash that they could safely release to help fund a more enjoyable lifestyle. Geoff Charles of award winning Equity Release Specialists Bower Retirement Services (http://www.brsequity.co.uk) 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. # # # 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 End
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