A home reversion plan is where you are able to sell part or all of your property to a home reversion provider in return for tax free money. This means you release the equity in your home. A home reversion plan is generally available for those 65 years and older. It is only one type […]
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An equity release entails taking some cash out of the equity that you have in your home. There are two primary ways to do this: a home reversion plan or a life-time mortgage. An equity release comparison begins by looking at the key differences between the two. The first part of the equity release comparison […]
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Selling your house is a difficult and stressful business. It is also one that requires infinite patience and stamina. Letting go of a property you have developed can be hard, and resisting the urge to put a Home Reversion clause into the contract is even harder. However, there are ways and means of simplifying your […]
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Pensioner poverty may not be obvious now; however, sooner than later it will become a reality for retirees trying to make ends meet. Personal pensions have been reducing gradually in the past few years, while the state has insufficient income to fill the widening gap. What makes it worse is the fact that people are […]
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For people who have retired or have left their jobs because age is catching up with them, maintaining their lifestyle becomes a problem. With no regular income to cover the monthly expenses including debt repayment, managing the finances becomes extremely difficult. The amount in a bank account can vanish pretty quickly in such cases. Equity […]
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For those approaching retirement age, equity release can be an excellent way to improve lifestyle, implement debt consolidation or even financially assist family members. For many the possibility of enjoying a comfortable and relaxed retirement after working for forty years and diligently paying a mortgage, is only possible with equity release. There are a number […]
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