Equity Release enables 71 year old lady to transforms her quality of life

Equity Release enables 71 year old lady to transforms her quality of life

Raising funds to buy partner out This week I was able to advise one of our existing clients. Four years ago I was referred a lovely client from an Independent Financial Advisor I work closely with. Her client was 67 years old and had unfortunately just split up with her partner. She needed to raise […]

New Equity Release Products Offer Vast Improvements

ocean-mortgages-daily-mail

New Equity Release Products Offer Vast Improvements Ocean have today been quoted in a difficult Equity Release article in the Daily Mail. It was a tough decision to be involved in a potentially negative story about the industry I love, however, when the journalist contacted me to discuss the story, I was shocked at the […]

Ocean Groups growth accelerates post lockdown

Ocean Group Equity Release Mortgages

Four brands under one roof The Ocean Group has grown considerably over the last 12 months and now includes four separate brands: Ocean Mortgages, Ocean Equity Release, The Mortgage Girl and The Equity Release Lady. The four separate, distinct brands have been developed in order to ensure that all potential Mortgage and Equity Release clients […]

Property Values and Equity release loan requests highest ever in 2021

Equity Release loan requests

Property Values and Equity release loan requests highest ever in 2021. Growth in borrowing during the first six months of 2021 The equity release market in 2021 has shown a considerable increase in the amount over 55s have released from their homes. The amount of equity released increased from £1.47bn in H1 2020 to £1.94bn […]

Equity Release sees big increase in 2021

Equity Release mortgages form Ocean

Equity Release market boosted by increased size of loans The Equity Release market in H1 2021 showed a considerable increase in the amount of money borrowed and the average amount released. The amount of new equity released rose 32% to £1.94 billion from £1.47 billion in H1 2020 whilst the average customer took out £94,982 […]

Equity Release and the pandemic

Ocean Equity Release Mortgages

Equity Release and the Pandemic Since the start of the pandemic in early 2020 and the subsequent lockdown, Equity Release has seen a lot of changes. Many of these changes have been for the good of clients and have made Lifetime Mortgages more accessible to homeowners over the age of 55. Whilst much of the […]