Family

Supporting the Family with Equity Release

With the Chancellor George Osborne announcing that there is to be a cut to child benefits, many families will soon start to feel the pinch. If helping your family out financially is something you feel strongly about, you are aged over 55 and you own your own home, a lifetime mortgage or home reversion plan could be worth investigating as both allow the release of cash from a property to spend on absolutely anything desired and in fact one of the most popular uses of equity release is to help out the family.Read more

Equity Release Helps the Kids

Recent media reports have indicated that a growing number of young people in Britain are finding it difficult to make ends meet. And because of this, many parents or grandparents are looking into ways of finding the money to help them, perhaps by providing lump sums to pay for deposits on first homes or to lend a helping hand to get loved ones out of debt.Read more

Expect No Inheritance Says Report

Only ten per cent of Europeans reckon they are intending to pass on “significant wealth” to their kids says a consumer finances survey by Janus Capital Group.

Of the 6,010 Europeans questioned, a further 42% said they wouldn’t be leaving anything behind and the other 48% said they didn’t know what they’d do.Read more