News reports indicate there is renewed interest in the equity release market. In fact, quarter 2 of 2014 shows lending of equity release funds is at £325 million, with a potential amount of £641 million for the first half of the year. Additionally, 10,000 new equity releases have been taken out in the first half […]
Read MoreWhere to Find an Equity Release Calculator UK in Sterling
Search engines are designed to give you the results you request, but how you phrase that request is imperative. A search using equity release calculator UK will provide better results than leaving the UK part off the phrase. In fact, you might come across examples from Australia or the US if you do not put […]
Read MoreFunding Education with Equity Release
Equity release can be used by pensioners for many different reasons but one of the most popular uses is the funding of the education of their grandchildren. Funding the costs of college or university can be difficult for some parents. In such cases, grandparents try to do what they can. It is indeed a great […]
Read MoreWhich Equity Releases Companies Are Safe?
Equity release schemes have emerged as one of the most feasible solutions for people over the age of 55 to secure their future after retirement. Equity release companies, as well as brokers, have a ‘guarding body’ in the form of the Equity Release Council to ensure that none of the consumers are at any kind […]
Read MoreWhat are my Equity Release Options with a Poor or Adverse Credit Rating?
A poor credit rating often means that people are unable to get credit cards, loans and mortgages. They are simply considered too high-risk for a financial institution to deal with them. However, with an increasing population accruing a poor credit rating, there has been a subsequent shift in policy and a branch of financial institutions […]
Read MoreIs the Halifax Retirement Home Plan the same concept as a Halifax Equity Release?
Equity release is an excellent way for people to access the equity which is tied up within their home, but who does not wish to sell, in order to do so. However, it is important to fully understand what equity release is and what the alternatives are before proceeding further and committing to an equity […]
Read MoreDo Equity Release Schemes Offer a Bigger Lump Sum if I Have Ill Health?
If you have taken early ill health retirement it may be that you are not as financially comfortable as you would have been if you had worked until retirement age. You may therefore wish to release a larger portion of the equity within your home so that you can use the equity to increase your […]
Read MoreHow much can I borrow on the Halifax Retirement Home Plan?
The Retirement Home Plan is a really good alternative to an equity release scheme. It differs in that customers must still pay a small monthly contribution. To learn about this plan from Halifax you may want to use the Halifax affordability calculator. This tool will help answer how much you can borrow with this specific […]
Read MoreShould I Place my Buy to Let Mortgage on an Interest Only or Capital and Repayment Basis?
Determining which mortgage to get may be a stressful time in your life, it is for many people. It is a big decision to make and there are many responsibilities to having a mortgage. It is not a simple decision that can be taken lightly and made quickly. Therefore, top tips for buy to let […]
Read MoreIs Now the Best Time to Lock into an Interest Only Lifetime Mortgage Rate?
Home buying is a big decision. It is something that takes many people some time to decide which mortgage to choose and which one to go with. It is not something that can be decided over night or in a heartbeat. You have too many choices like fixed or tracker rate mortgages. Your Search for […]
Read More