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People who love spending summer weekends and vacations at Bear Lake State Park gathered Wednesday to review proposals for a second marina.

Aviva lowers minimum equity release drawdown amount By Gary Adams 20 th May 2021 9:32 am Aviva has lowered the minimum amount that equity release borrowers may release from their property and brought in customised rates. Borrowers will now be able to draw down a minimum of £500, down from £2,000. For the rate, Aviva will use factors such as health and lifestyle information given for the initial loan, the customer’s age and changes in their property value to determine a personalised rate. Both new customers and existing customers with a cash reserve in place wil...

Aviva enhances flexible drawdown for equity release By Jean-Baptiste Andrieux 20 Aviva will enhance its lifetime mortgage flexible drawdown feature for customers from today. The new features include a new minimum cash release so customers will now be able to drawdown a minimum of £500 instead of £2,000. It means that customers will not have to borrow more than they need if they only need a small amount. The new enhancements will also add rates tailored to individual circumstances as Aviva wants to ensure a more personalised approach to the coast of the loan. It me...

pictured) as managing director of equity release. McGill replaces Greg Neilson who will be moving to a new role with Aviva Investors. McGill has extensive experience in senior management roles in Aviva, most recently as managing director of workplace savings and retirement. McGill said: “I am delighted to be taking on the role of managing director of equity release and look forward to building on Aviva’s recognised strength in this market, which has great potential for further growth. “Equity release has an important role to play as part of the range of solutions we offer to our custome...

The average rate of a lifetime mortgage has reached a record low, whilst the number of available options is at an all-time high. The typical rate across lifetime mortgages has dropped below 4 per cent for the first time according to Moneyfacts, with the average rate now at 3.95 per cent - down from 4.49 per cent this time last year. Meanwhile, those currently comparing deals will find that the number of products available has expanded to an all-time high of 488, up from 405 in February 2020. The average rate across all lifetime mortgages is 3.95 per cent according to Moneyfacts 'The equity re...