Aviva: Equity release has many uses
Equity release has become a feature of the news in recent times as Brits once more begin to consider it as a means of financing their dreams.
Whether as a way of freeing up cash for a round-the-world trip or to fund the building of a bespoke conservatory, equity release can be the answer for some, according to Aviva.
The insurance group noted that it allows those over the age of 55 to draw on finances without needing to move home, allowing them to access a better lifestyle as they approach retirement.
"If an individual doesn't have savings or other investments, in order to adjust the quality of life they have become accustomed to and to finance those purchases like home repairs or paying off outstanding mortgages or debt, equity release can do that," explained retirement manager Dominic Fraser Smith.
He added that there has been a shift in what people use equity release for, with many now putting the cash towards existing debts, freeing up more disposable income each month.
Posted by Cheryl Stevenson
Wood-burning stove helps couple enjoy conservatory all-year round
A couple from Scotland have vouched for the installation of wood-burning stoves as a way of keeping conservatories warm through the winter.Tim and Linda Woodrow moved into a bungalow in the hamlet of Woodlands of Durris in County of...
Brochure
Would you like some more information on our conservatories? Order a copy of our brochure online today or call
Gallery
View either our residential gallery or our commercial gallery or view a number of our conservatory case studies.
