10 things you might not know about equity releaseEquity release plans have transformed in recent years. You may be surprised at what they can now offer you! Continue reading “10 things you might not know about equity release”
Eight expert equity release tipsReleasing the cash from your home is a big financial decision, so it’s important you get all the facts to make an informed one. Here’s eight tips from our expert advisers to help you. Continue reading “Eight expert equity release tips”
Is equity release a good idea?Equity release can be a good idea for homeowners who would like to obtain some extra cash in later life. Taking out an equity release plan can enable them to enjoy a better retirement, whether that’s by paying off an outstanding mortgage or existing debt to free up some monthly income, or by making home improvements. In fact, the money released can be used for any purpose. Continue reading “Is equity release a good idea?”
What is the difference between equity release and a lifetime mortgage?Equity release enables homeowners over 55 to continue to live in their home while getting a cash lump sum or income from it. A lifetime mortgage is one of the two main types of equity release plans, the other being a home reversion plan.Lifetime mortgages are by far the most popular type of equity release accounting for most of plans sold. Continue reading “What is the difference between equity release and a lifetime mortgage?”
Is equity release right for me?Equity release allows homeowners over the age of 55, to release tax-free cash from their homes (provided your home is worth over £70,000) to be used for any reason.So, for example, if you are looking to release cash tied up in your home to improve your retirement, then equity release could be for you. Continue reading “Is equity release right for me?”