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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Equity release allows homeowners to benefit from the equity tied up in their property. The money that is raised can be withdrawn to suit the homeowner’s requirements and can either be taken as a lump sum or it can be made in flexible withdrawals. It allows older homeowners to tap into the value of their […]
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For people of retirement age, equity release can be a great financial solution. This can be especially important when the home owner is suffering from ill health. The equity release companies are aware of the financial pressure ill health can cause and many now offer impaired life equity release scheme products. These offer a greater […]
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If you are facing the prospect of a retirement which is underfunded, you may have considered equity release. However, in order to determine how best to release equity, you will need a basic understanding of the types of schemes and plans which are available. The Types of Equity Release Available In order to determine how […]
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Many people are worried about the prospect of facing their golden years with a limited or insufficient income. With the UK cost of living increasing and the prices of basic utilities becoming very high, many people about to retire are worried about their financial future. However, equity release could offer a solution which will allow […]
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