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. …
Tag: specialist equity release advice
Equity Release: Good News for the Over 55s
Every day we are informed in some way that the economy isn’t getting any better and that the government cuts have only just got going. Fuel bills are increasing; inflation isn’t on anyone’s side and the forthcoming VAT rise is hardly helping to make us feel better. …
What to Look for in an Equity Release Adviser
Seeking good quality equity release advice is vital for people who are considering freeing up some of the cash in their homes. But what constitutes good quality advice and what should you look for in your equity release adviser? …
Have a Warm Winter Thanks to Equity Release
Winter is fast approaching and keeping warm at home is vital. Yet it is a fact of life that maintaining warmth in your home warm costs serious money and for those living on a pension it can be very difficult. …
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! …
A Way of Borrowing in Retirement
Although the so called austerity measures announced by the Government are designed to cut public spending and get the economy back on track, the reality is the average homeowner is still facing serious financial difficulties even before the inevitable cuts come into force; especially those in retirement. Banks are still not lending and they are fearful that people will default on their loans. But what is the solution? One ever popular option for those over 55 is equity release. …
Commonly Asked Questions about Equity Release
Retired or retiring soon? By seeking independent financial advice in retirement you will be able to better understand your options and how you can live a more comfortable and enjoyable life after finishing a lifetime of work. One of those options is equity release. …
Financial Solutions Not Far Away With Equity Release
Money experts agree it’s not always easy to make ends meet these days, but for many homeowners there could be a solution: it may be possible to free up tax free cash from a property by making the most of an equity release plan. If you qualify for a home reversion plan or lifetime mortgage you may have a golden opportunity to gain a financial boost in retirement. It may be that you’re looking to consolidate some existing debts on loans or credit cards perhaps, or maybe you are hoping to give a helping hand to members of your family who could do with a bit of extra help. …
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. …