Vale Launches New Equity Release Schemes Website

Added: (Mon Nov 02 2009)

Pressbox (Press Release) - Equity Release Schemes, as they are called in the UK, are becoming more and more popular. The average UK Private Pension pot a consumer holds as of September 2008 is £30,000 (Source BBC), it beggars belief how some people even survive given the rising energy costs we are all facing!

Equity Release allows homeowners over 55 to release equity from their home as a cash lump sum, or income, to use however they wish (subject to criteria).

At Vale we believe Equity Release Schemes, can in many cases, help certain individuals to clear off any outstanding mortgage or other debt in retirement, or pay a cash amount to help maintain a desired standard of living. Surely this has to be a good thing for many who are struggling to survive.

Vale's Equity release site allows consumers to not only educate themselves on the different schemes available, but also compare the latest deals and even calculate what they may be able to borrow.

This type of plan is not right for everyone, that's why a free initial consultation is available to anyone who potentially fits the criteria.