Released on = May 4, 2007, 3:09 am

Press Release Author = Charlotte Burrows

Industry = Real Estate

Press Release Summary = Equity release is to play an important role in retirement
planning in the future, it has been suggested says National Homebuyers.


Press Release Body =
According to financial product research business Defaqto, high levels of equity in
housing stock coupled with under-funded pensions, low annuity rates, demographic
issues and pensioner debt means pensioners are turning to equity release in droves
as a way of funding their retirement.

The claims were made in a Defaqto report entitled \'Equity release in the UK 2007 -
lifetime mortgages and home reversions: A retirement solution\'.

\"A number of factors are coming together which will make equity release an
increasingly sought-after retirement solution for many people,\" David Black,
Defaqto\'s head of banking and the author of the report, confirmed.

\"Although it remains essential that people explore alternatives to equity release as
well as its possible implications, equity release will become an increasingly
relevant option in future retirement planning.

\"It clearly won\'t suit everyone but it will increasingly provide a solution for many
people.\"


Web Site = http://www.nationalhomebuyers.co.uk/newsarticle.asp?ID

Contact Details = Sterling House
20 Victoria Way
Burgess Hill
West Sussex
RH15 9NF
08709798118