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Leeds-based Age Partnership and Pure Retirement group delivers profits increase despite pandemic

Leeds-based Age Partnership and Pure Retirement group delivers profits increase despite pandemic
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United-kingdom , Yorkshire , North-yorkshire , Andrew-thirkill , Age-partnership , Leeds-based-age-partnership , Pure-retirement , Steve-auckland , Number-one , Yorkshire-post ,

Leeds-based equity release provider Age Partnership attracts one million customers

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“Equity release is becoming more mainstream, people understand it much more than they did 10 years ago. It’s a way of releasing cash from your house without having to move.”
Growing numbers of older homeowners use the loans as a way of borrowing money against the value of their properties.
However, homeowners who took out an equity release loan six or more years ago could be on an historic rate of around 6 per cent, which was standard for conventional mortgages around that time, according to Mr Auckland.
The decline in interest rates has left people who were on products which were once regarded as offering an acceptable rate facing a raw deal.

Yorkshire , North-yorkshire , United-kingdom , Eamonn-holmes , Tim-loy , Age-partnership , Leeds-based-age-partnership , Yorkshire-post-newspapers , Pure-retirement , Premier-client , யார்க்ஷயர் , வடக்கு-யார்க்ஷயர்