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Norwich Union Equity Release
Norwich Union Equity Release Scheme Review
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Norwich Union Equity Release Review
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It’s REALLY hard to choose the best equity release provider with all the choices available.
Or is it?
Is Norwich Union equity release the best?
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Who Are Norwich Union?
Before June 2009, the British portion of the insurance corporation Aviva was known as Norwich Union. It first opened its doors in 1797. It was previously a component of the FTSE 100 Index and was listed on the London Stock Exchange. 1
Aviva has developed from a succession of corporate mergers to become the world’s fifth-biggest insurer, serving roughly 50 million consumers with savings, investments, and insurance.
Today’s shift is part of Andrew Moss’s “One Aviva, twice the value” strategy, which intends to maximise the company’s full potential as a worldwide group, which was announced in October 2007. Aviva’s goal to flourish in an increasingly competitive and worldwide industry requires a consistent, recognisable trademark and identity throughout all of its territories.
For Norwich Union customers, joining Aviva means more than simply a name change; it also means becoming a part of a company that is evolving to suit the demands of its clients. Aviva clients in the UK will benefit from the group’s worldwide knowledge and expertise, which will result in enhanced products and services in the future.
Aviva is presently the world’s fourth most valuable insurance brand, and the name change advertising campaign in the UK has been extremely successful; public awareness of the name change jumped to approximately 80% following the initial burst of advertising and has remained high. Because of the present economic circumstances, Aviva has been able to promote at cheaper rates, obtain more cut-through, and gain from the additional exposure, such as when advertisements stayed on billboards after the paid-for booking period had expired.
Want to compare this company with another? Try equity release calculator BBC.
Got Questions About Norwich Union Equity Release? Check These First
Is Norwich Union A Member of the Equity Release Council?
Norwich Union is not a member of the Equity Release Council.
What Are Norwich Union's Interest Rates on Equity Release?
On its website, Norwich Union states that it will lend you up to 75% of the value of your home for a period of 25 years, at “an introductory interest rate [of] 4.99%” over that time.
Who Owns Norwich Union?
Norwich Union is owned by its employees. In 1968, it became a public limited company and at that time ownership of the company was transferred to its members (all employees).
Where is Norwich Union Located?
Norwich Union’s headquarters are located in London, United Kingdom.
PS – If you’re anything like us, you skipped to the end anyway.
So here’s the scoop – our intention is to help you by finding the best equity release provider so that you can spend the money on something that you really want to, rather than on a high tax bill.⚠️(Spoiler**) Most send us a personal thank you because we do such an incredible job – you’ve been warned. ⚠️
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