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Centre for Policy on Ageing | |
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Released from worry
— [equity release schemes] | | Author(s) | Jeremy Dunning |
| Journal title | Community Care, issue 1803, 28 January 2010 |
| Pages | pp 24-25 |
| Source | www.communitycare.co.uk |
| Keywords | Home equity release schemes ; Owner occupied dwellings ; Quality of life ; Consumer ; Pilot. |
| Annotation | Older homeowners on benefits have long shunned equity release schemes, but a project is helping them to tap their housing wealth to boost their independence. This article outlines the findings of a report from the Joseph Rowntree Foundation (JRF), 'Can equity release help older home-owners improve their quality of life?', by Rachel Terry and Richard Gibson (JRF, 2010). It describes how the Home Cash Plan, an equity release product designed especially for home-owners on Pension Credit, is being piloted in Islington, Kensington & Chelsea, and Maidstone. The suitability of this financial product will be assessed by JRF. (RH). |
| Accession Number | CPA-100203201 A |
| Classmark | WQB: KEA: F:59: WY: 4UC * |
Data © Centre for Policy on Ageing |
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| ...from the Ageinfo database published by Centre for Policy on Ageing. |
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