Every endeavour counts in long term!

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It’s almost farfetched for the person in youth to consider retirement plans but to make up to the hilt use of pensioners’ money; you must start considering retirement options in the youth itself. Though it’s the fundamental to lead a comfortable post retirement life but if you could not make use of it, yet you can have all that are necessary for old and retired persons.

It’s time for you to look at other side of the coin if you have attained fifty five years of age and financial capacity looks somehow bleak. Your wish to enjoy the post retirement life for the lifetime is looked after well by equity release plans after giving some serious thoughts and considerations.

If still finding yourself confused, the point here is to make your after-retirement life non-dependable in the wake of pension pots that you are receiving today. It’s also for employed youths to consider their future plans early on so as not to depend solely on the pensioners’ income.

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Certainly equity release scheme attacks you two fronts, as it’s for people who are above fifty five years of age and another requirement is to own a home. Your home is not only for giving a roof but it has also become personal investment means. Value increments in the last fifteen years have added a lot in people asking for property as an investment means.

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But the concern is whether equity release scheme is responsible? Financial laws in the UK suggest you to go through every term and condition and get proper advice from the equity release experts.

But the concern is whether equity release scheme is responsible? Financial laws in the UK suggest you to go through every term and condition and get proper advice from the equity release experts.

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However, basic is that equity release has two schemes under its belt: Lifetime mortgage and Home reversion plans. Under both the schemes, you can retain own home to spend the lifetime.

Mention of youth at the start was to suggest them for own house in order before attaining retirement age. Every investment done has risks attached, whether you invest in shares stocks or pay into government schemes, but one must ensure a stable and financially secure post-retirement life into whatever they invest.

Recent data revealed by equity release council suggests 2012 to be the best year since 2009, both volume and value of sales increased during the same year.

Though the market share in the consecutive years since 2009 has been increasing but till now 2012 saw largest percentage of drawdown mortgage.

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Below is the data

Year Drawdown mortgage %

Lump sum mortgage

2009 49% 49%2010 56% 42%2011 61% 37%2012 66% 33%

The data shows about the popularity of equity release schemes in UK and percentage share for lump sum mortgage is on decline. Asking for the advice from financial experts leads you to beneficial plans in the equity release industry.