In the news this month……….

English CottageFigures released by the Equity Release Council for the second quarter of 2012 show an increase in both transactions and value.

Cooper Associates comment:-

As the mortgage market slowly begins to become more competitive, it is encouraging to see the UK equity release market beginning to offer more innovative and competitive products. The proportion of transactions completed as draw down plans during the quarter outweighed lump sum mortgages, highlighting the changing attitude of the over-55s. Figures report equity release customers are now releasing money in smaller sums over longer periods of time to improve their standard of living and support disappointing pension performances. This strategic and cautious approach to equity release comes as consumers face continuing recession and uncertainty within the economy.

Cooper Associates provides advice on mortgages from the whole of the market. For an initial consultation without obligation, please contact our head office on 01823 273880 or email us at

Your home may be repossessed if you do not keep up repayments on your mortgage

Equity Release may involve a lifetime mortgage or home reversion plan. To understand the features and risks ask for a personalised illustration.

We offer an initial consultation without obligation. There will be a £500 fee for our Equity Release service, which is payable when you apply, and we will retain the commission from the mortgage lender. Alternatively, you can choose a fee only option and receive any commission which we are paid by the lender. The precise amount will depend upon your circumstances but we estimate that it will be £500 plus 1% of the amount borrowed.

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