Best Loans News

Equity release loans are rapidly growing in popularity across the UK as many homeowners either approaching, or already in retirement, take advantage of the value tied up in their properties to help fund their retirement plans and as interest rates on savings continue to fall and pension funds drop in value, thereby reducing people’s retirement [...]

The net balance of homeowners taking equity out of their homes through a secured loan has fallen into a negative position for the second quarter in a row, according to the latest figures from the Bank of England.
Home Equity Withdrawal (HEW) schemes which use a secured loan or a re mortgage loan have been extremely [...]

Many experts are saying at the moment that there has never been a better time to think about buying a new house, property prices have fallen over the course of the last twelve months to almost affordable levels and with the recent reductions in the Bank of England base rate of interest, many home owner [...]

Equity loans, or lifetime mortgages as they are also known, look as though they are about to see a dramatic increase in popularity, largely due to the effects of the credit crunch.
One of the biggest providers of equity release home owner loans, Norwich Union, has predicted that new sales of this type of product are [...]

Equity release schemes are finally beginning to lose the stigma which they earned in the late eighties and early nineties for being high risk, or even dangerous plans which could leave a customer worse off than if they had not embarked upon the scheme in the first place.
Since the introduction of SHIP (Safe Home Income [...]

Record numbers of senior citizens are using equity loans as a means to clear their debts whilst in retirement.
Recent research by one of the countries most established retirement welfare specialists (KRS) shows that some 15% of pensioners are using equity levels stored within their homes as a means to clear outstanding credit commitments on their [...]