If one would like to raise funds for a project or to enhance their retirement benefits, they can choose to get equity release on a second home. This is not as common as equity release schemes on a main residence, nevertheless a couple of lenders will assist in this area. Companies such as LV= have […]
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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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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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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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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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