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Welcome to The Industry’s only place to be if you are in the Equity Release Market.
2009 is a year that holds much promise for advisers in this market. More and more people over 55 are looking to Equity Release as a retirement planning tool for a multitude of reasons, and here are just a few reasons why we believe this market is fast moving into becoming a ‘mainstream’ product:
» 54% of Pensioners didn’t know what Equity Release was.
» 25,000 pensioners die in this country every year through Hypothermia or related illness.
» Average UK pensioner gets 30.8% of the average income as a pension….in Greece this is
95.7% and France 51.2%
» Average income per case for a specialist adviser is £1,500 - £2,000.
» Clients can raise money on their residential home, but also on second properties
» 11.4 Million pensioners live in the UK
» 1 million pensioners cut back on heating to be able to eat, or go to coffee shops etc to
keep warm !!
» Estimated that up to 40% of pensioners have ‘impaired’ life expectancy.
To find out more please email enquiries@equityreleaseclub.com >
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