Oct 17, 2010

A Good Equity Release Adviser Explores all the Options

When you reach retirement it is natural to start to think about how you can make your life more financially secure. Many people these days are relying on their property to provide for them in retirement and so UK equity release schemes are a well researched retirement funding initiative. Equity release — as a lifetime mortgage or home reversion plan — allows for a tax free cash lump sum or cash reserve to be arranged using the equity in the home. The plans are available to those aged over 55 years of age and who own their own homes.
1 min
Oct 15, 2010

Ditch the DIY: Equity Release Funds Home Improvements

The UK is a DIY mad country, with men and women of all ages more than willing to have a go at home improvements: whether qualified to do so or not. However, it is estimated that correcting DIY mistakes costs UK citizens hundreds of millions of pounds every year. Improvements around the home are obviously welcome, but with the time and energy — and money — needed to do them properly and put right the errors that so frequently occur, it seems the best course of action is to call in the professionals from the start. But how can home improvements be funded if the homeowners in question are living on a pension? Releasing Cash to Improve the Home — the Professional Way
1 min
Oct 14, 2010

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 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.
1 min
Oct 8, 2010

How Equity Release Can Help Improve Life in Retirement

The last thing you should do once you have retired is sit around the home worrying about money, feeling like you can’t do all the things you always dreamed of doing in retirement. Wouldn’t it be great to get your hands on thousands of pounds that you could use to do things you never had the opportunity to do during your long years of work? Well with equity release, this dream can become a reality!
1 min