How Can Equity Release Schemes Help London’s First Time Buyers?
May 19th, 2014
London’s housing sector is improving greatly. In the third quarter of 2013 a 25% increase was seen in housing growth. It was up a total of 42 per cent from the previous year. The last quarter showed even more of an upward trend in London and the UK. First time home buyers are not yet capable of buying a property without a mortgage. The average first time buyer had to spend 20% of their income on mortgage payments. It is an investment and the property market has supported purchases by these new owners. The downside is the down payment or deposit that’s required. This is where retirees, equity release, and tools such as equity release calculators come in handy. …read more
How Transport Links are driving the Gentrification of London
May 19th, 2014
London over the last decade has seen a significant shift in socio-economics. This change has directly affected the housing market throughout the UK and particularly in London. The growing population is putting pressures on lack of housing and increased transport links is also affecting London. Discover how all of this applies to equity release and why you might need to seek an independent equity release mortgage adviser. …read more