Centre for Policy on Ageing



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

...from the Ageinfo database published by Centre for Policy on Ageing.