How Equity Release Can Help With Rising Living Costs

How-Equity-Release-Can-Help-With-Living-Costs

How Equity Release Can Help With Rising Living Costs. The long-awaited “1st April 2002 fuel price cap” rise is upon us. The enormity of this will be felt by every homeowner in the UK, with the older population likely to be particularly affected as they navigate rising fuel costs, food prices and the cost of […]

Equity Release: Key Considerations

Ocean Equity Release Mortgages

Equity Release: Key Considerations The No Negative Equity Guarantee The main consideration for most people is the potential of Negative Equity. Managing Director of The Equity Release Lady, Samantha Bickford explains, ‘Before lenders introduced no negative equity guarantees, it was possible for a client’s property to be worth less than their outstanding debt. This situation […]

Ocean Mortgages. Advice with a difference

Can you do equity release with a mortgage?

Ocean Mortgages. Advice with a difference Why should you use a broker? A mortgage broker is someone that will review your current financial situation and research a mortgage deal that is best suited to you. They will review your individual circumstances and match you with the lender and deal that fits best for you. They […]

Equity Release remortgages boom in 2021

Ocean Equity Release Mortgages UK

Equity Release remortgages boom The number of homeowners who have remortgaged their Equity Release deal has boomed in the last 12 months. This is largely due to the industry starting to look after existing clients in addition to attracting new ones. In 2020 only 1,011 Equity Release remortgages took place, a figure that is thought […]

Ethical Equity Release Advice

Ethical Equity Release Advice

Ethical Equity Release Advice Rogue traders offer false interest rates Recently several clients have told us that they have been offered a low interest rate for funds they need to raise. After using our Whole of Market Equity Release sourcing system sourcing for these clients, the deals simply did not exist. Having supplied quotes to […]

Equity Release – The journey to redemption

Equity Release - The journey to redemption

Will Equity Release Complete the Journey to Redemption? Consumer concerns about Equity Release Most Advisors working in the Equity Release industry experience one of the most challenging aspects of their role as overcoming the misperceptions held by the public in relation to Equity Release. Compound interest, High-Interest Rates and inflexible deals are the main areas […]

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

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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 […]

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 […]

Who Does Equity Release Mortgages?

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Who Does Equity Release Mortgages? is the main question we address in today’s blog post. We understand that for anyone over the age of 55 who owns their own home and is considering Equity Release, it is often confusing and complicated to cut through all the noise and obtain advice on the best options for […]