Equity release is typically considered for the here and now – helping over 55’s across the UK reach financial freedom and enjoy their retirement the way they plan. But what happens to equity release when you die? Our equity release specialists have put together everything you might need to know about what happens to equity …
Equity Release
Equity Release Trade Industry Updates
Using equity release to help family
There are many reasons people throughout the UK choose to release equity from their home, one of which is the goal to help and support their family financially. From helping to fund university fees, to gifting money to help family members get onto the property ladder, equity release can help you release tax-free funds from …
Will equity release affect my benefits and pension?
If you’re considering equity release, understanding the impact it may have on your current means tested benefit entitlement can help you decide if equity release is right for you. Whether you claim universal credit, pension credit or are eligible for a council tax reduction, our specialist advisers have put together some information to help you …
Planning ahead: Equity Release and Inheritance Tax (IHT)
Each year, billions of pounds are collected by HMRC in inheritance tax, and with property prices continuing to rise and the inheritance tax thresholds frozen until at least April 2026, there will be an increase in the number of estates liable for inheritance tax. As a result, more and more people are looking to equity …
Can I Take Equity Out Of My House To Buy Another House?
Can I take equity out of my house to buy another house? The answer is, yes. Whether you’re using equity release to buy a 2nd property, or you’re taking out equity release on an existing 2nd property you own (where products are available), in this article, we explain how equity release works on a second …
Key Considerations You Need To Know About Equity Release financial advice
What’s the difference between financial advisers that are tied, use a panel and are whole of market? Find out below, in this article on equity release and things you should be aware of. What is a ‘tied’ financial adviser? A ‘tied’ financial adviser is advising directly to one specific lending company, and they are restricted …
How Does Equity Release Factor Into Retirement Planning?
Own a property, but require additional retirement income or savings? Equity release could be a viable choice for your retirement plans. Read on, to understand how equity release works in the context of retirement. How do I tap into home equity in retirement? There are two primary methods to consider: 1. a lifetime mortgage, and …
Everything You Need To Know About Equity Release Fees
So, you’re considering equity release as an option. Are there any costs or fees and what are they? Here’s a guide to help you understand the costs associated with releasing equity from your home. What fees are charged for equity release? The costs associated with equity release are in two categories, overall plan costs, that …
Average Equity Release Lifetime Mortgage Interest Rates Between 2020-2023
‘Equity release lifetime mortgage interest rates.’ It’s a commonly searched term on Google, and it’s a popular question that we get asked regularly. The question is though, how have equity release interest rates changed between 2020 and 2023? Find out below. What was the equity release lifetime mortgage interest rate for 2020? During Q4 in …
What Happens With Equity Release If You Go Into Care?
What happens with equity release if I go into care? Can I use equity release to pay for care? Our experts are here to answer your questions surrounding equity release and its impact on care funding. If you’re looking to release equity from your home and think you may need care in the future, it’s …
