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COVID fuels change of long-term care plans - Mortgage Introducer
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CanadaAlice-watsonCanada-lifeகனடாஆலிஸ்-வாட்சன்கனடா-வாழ்க்கைEquity available for release in UK homes touched a record £730bn as house prices have jumped over the last year, according to Canada Life. The financial services firm says the amount of housing equity available to homeowners aged over 55 now stands at an estimated £729.8bn in the second quarter of the year, a jump of
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One in three people aged 40 and over plan to make smartening up their home and garden a priority in retirement, new research reveals.
Many are also focused on family, with 23 per cent saying they would help children and grandchildren buy a home of their own, and 15 per cent intending to pay towards the education of the younger generations.
But nearly a third plan to work beyond pension age and a quarter do not feel very confident about their finances in later life, according to the survey of homeowners looking towards retirement by Canada Life.
Retirement spending: More than one in three want to spruce up their home and garden and around a quarter intend to splash out on a holiday
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