Figures out this month from Safe Homes Income Plans (SHIP), representing the major equity release pr...
Figures out this month from Safe Homes Income Plans (SHIP), representing the major equity release providers show the market has grown by more than 200% in the last five years. In the first six months of this year £230m was released to the over 60s, up from £70m in 1997.
Despite this, Norwich Union has found that only two-fifths of over 60s have ever sought professional financial advice and 94% have no idea what IFA stands for.
A free booklet called Unlock Your Future ' Equity Release Made Easy has been produced by Norwich Union.
For a free copy of the guide, phone 0800 122 876