Saturday, 30. May 2015 – 10:01 Update: 31-05-2015 10:31
One in four (23%) surveyed seniors who want to free up equity on the house and at the moment wants to adapt the house, runs into financial difficulties. According to research by seniors organization ANBO among more than 8,000 seniors
Liane den Haan, ANBO Director:. “To be able to live at home longer want many seniors with a home make home modifications. But often it is the financial leeway for adjustments “in the stone.” There are insufficient opportunities for equity on the house to put in funding. That ANBO finds a lost opportunity. “
About Value convert credit
As many as eight out of ten (83%) of the surveyed senior homeowners with a mortgage have equity on their home. It has the house in good times can purchase and sales would yield more than it took. Three in ten (29%) participants with equity on their property would be happy to release
Den Haan:. “That usually does not work has to do with the income test. Banks look at the income and if that is too low, it stops even if a few tons of surplus value. The main reason for participants to put on this value in credit to the funding of home modifications (68%). But a supplement to a pension (35%) and funding health care needs (33%) respectively. “
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