Freephone 0800 678 5955
News Mark Gregory

Can You Take Out Equity Release With A Power of Attorney?

By Mark Gregory on the 21st March 2010

The simple answer to this question is YES.   However, there needs to be an understanding of what type of Power Of Attorney (POA) is in force, when it was taken out & whether the Court of Protection have been involved in registering the document.   Prior to 1st October 2007, an Enduring Power of […]

Read more

Stonehaven’s New Interest Only Lifetime Mortgage Lending

By Mark Gregory on the 11th March 2010

Stonehaven, the innovative equity release lender that originally sourced its funding from Santander, should now benefit from the withdrawal from the market of t...

Read more

Can I Have A Mortgage In Retirement?

By Mark Gregory on the 7th February 2010

Although many pensioners are eligible for a mortgage in retirement, many are not even considering this as an option, or even aware they could apply for one.   E...

Read more

How To Fund The Purchase Of A New Property With An Equity Release Scheme

By Mark Gregory on the 20th January 2010

The advantages of equity release being used to raise capital from property have been widely advertised. It is commonly known that their uses have been to enhanc...

Read more

How To Minimise The Setting Up Costs Of An Equity Release Plan

By Mark Gregory on the 4th January 2010

Keeping the initial equity release set up costs down to a minimum will be of great benefit in maximising the gross release from the lender… & in turn your pocke...

Read more

Just Retirement Become The First Company To Reduce Equity Release Interest Rates In 2010

By Mark Gregory on the 4th January 2010

With immediate effect Just Retirement has reduced their equity release interest rates  from 6.79% to 6.59%.   This news arrives in conjunction with the departur...

Read more

Three Reasons Why You Can Still Benefit From A Last Minute Prudential Equity Release Application

By Mark Gregory on the 30th December 2009

As you may be aware Prudential have announced their imminent withdrawal from the equity release market…& time is fast running out. With this in mind we briefly...

Read more

Has Halifax’s Retirement Home Plan Seriously Been Overlooked As An Equity Release Alternative?

By Mark Gregory on the 11th December 2009

At a time when the equity release market is downsizing with the withdrawal of many lenders, alternative funding sources need to be recognised to help widen the...

Read more

Prudential Set To Withdraw From Selling Equity Release

By Mark Gregory on the 24th November 2009

Prudential has announced to the industry that it will withdraw from writing new equity release business in the New Year. The insurer will however continue to ma...

Read more

Equity Release – Can it Be Used As a Means Of Bridging Finance?

By Mark Gregory on the 28th October 2009

The industry definition of an equity release scheme is an over 55’s mortgage, albeit with no monthly repayments & finally settled on death or moving into long t...

Read more