Equity Release 24 01 2008 - News Archive

Equity Release

Homeowners who release the equity in their property are more than likely to spend it on DIY and improvements to their home rather than holidays or a new car. Recent research revealed that nearly 30% of equity that was released was spent on home maintenance and repairs. A further 27% said the money was for a better standard of living. Only around 7% of people said they would use the cash for a new car or a holiday.

If you are considering improving your property it may be best to call in the experts, over £350 million is spent per year correcting botched DIY projects.
 
:: Added on: 24:01:2008 ::

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