Liverpool Equity Release (Oct 2021)

Liverpool is the largest and considered most diverse city in the northwest of England. King John founded the city as an alternative port to London for trade during medieval times. It’s also known as “The Eastern English City” because it’s located on the east side of Wales and borders Ireland. Liverpool has a population of just over 500,000 people and is situated on the banks of the River Mersey, where it enters The Irish Sea at its mouth.

Liverpool is in England and has always been close to Ireland. The Industrial Revolution helped create an increased need for cotton mills. Things turning around for Liverpool with its position near Britain and Ireland, making it one of Europe’s busiest ports exporting over £30 billion annually thanks to its location just northeast of Manchester on Mersey Estuary at the end of River Dee where there was once a whaling community called “Liver Pool” so named because of its fishy smells.

Liverpool weather is generally mild, but it can get cold in the winter months. Liverpool’s climate would be classed as oceanic (Köppen Cfb) due to high levels of rainfall throughout the year, not just during one or two seasons like most climates tend to have. Consequently, its temperature range tends to fluctuate less than other climates do across the span of a day: while summers are about 20°C hotter on average compared to winters, there’s also much more variation between different summer days and nights, for example, the city may well experience both temperatures below freezing point at night and above 30° C in the daytime.