Retired homeowners earn almost £77,000 boost from houses

07 November 2018

Gifting and improving retirement standard of living drives equity release expansion. Plan sales rise by 16% and value released by 25%, Key’s Q3 2018 Equity Release Market Monitor shows

Key hires Head of Advice Sales: Whole of Market

08 October 2018

Key, the UK’s leading independent equity release advisor, has strengthened its senior team with the appointment of Rachel East as Head of Advice Sales: Whole of Market.

TERMS AND CONDITIONS AT THE BANK OF MUM AND DAD

29 September 2018

• Nearly half of parents want to ensure cash is not squandered and grandchildren benefit • More than one in five plan to set terms on how any handouts are spent • Nearly one in six say BOMAD handouts have left them struggling financially

Bank of Mum and Dad Desperately Seeking Advice

17 August 2018

More than three-quarters of parents over-55 are worried about making mistakes when gifting money to their children. Two-fifths of parents over- 55 want more guidance for the Bank of Mum and Dad. Nearly half of all parents over-55 want to seek legal advice about gifting but are worried about the expense.

Retired Downsizers Struggling to Sell Homes Estate Agents Warn

30 July 2018

Unrealistic financial expectations, dated décor and properties in poor repair are hampering pensioners’ efforts. One in three would-be downsizers have given up on selling in the past two years.

Key Retirement rebrands as Key

23 July 2018

Key Retirement – the UK’s leading independent adviser for equity release and later life lending – has today rebranded as Key.  These changes will be rolled out across all the companies’ assets on a phased basis including the website, customer facing communication and digital channels.

Equity Release Hits £1.71 Billion as Plans Sales Surge

11 July 2018

Retired homeowners release £9.5 million a day in the first half of the year. Families benefit as retired homeowners give cash, Key Retirement’s H1 2018 Equity Release Market Monitor. 

Key Retirement hires Advice Delivery Director

25 June 2018

Key Retirement, the UK’s leading independent equity release advisor, has strengthened its senior team with the appointment of Ian English as Advice Delivery Director.
 

Last-time buyers struggle to find the homes they want

22 June 2018

More than 1.4 million over-65s will consider downsizing in the next five years. But the finances don’t add up and there are not enough homes to move to. More than half physically struggle to maintain their houses.

Pensioners earn £7,000 a year from their homes

11 June 2018

Average retired homeowner has owned their home for 23 years. They’ve seen property wealth gains of £159,000 while Londoners have made nearly £400,000. Over-65s own property wealth worth £1.09 trillion.