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 More Brokers, Compound Interest, Equity, Equity Plan, Equity Release, Equity Release Companies, Equity Release Council, Equity Release Industry, Equity Release Providers, Equity Release Schemes, Equity Release Sector, FCA, FCA Approved Companies, Financial Advisers, Financial Conduct Authority, Home Reversion, Home Reversion Plans, Itermediaries, Lawyers, Lifetime Mortgages, Lifetime Tenancy Agreement, Long Term Care, Long Term Care Home, No Negative Equity, No Negative Equity Guarantee, Release Equity, Retirement, Safe Home Income Plan, SHIP, Solicitors, Suveyors, Types of Equity ReleaseWhat 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 More Credit Rating, Credit Report, Equity, Equity Release, Equity Release Council, Equity Release Plans, Equity Release Providers, Equity Release Scheme, Financial Conduct Authority, Financial Providers, Lifetime Mortgages, Loans, Mortgages, Negative Credit, Poor Credit Rating, Professional Advice, Release of Equity, Safe Home Protection Plan, SHIP, Standard MortgageIs 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 More Equity, Equity Release, Equity Release Calculators, Equity Release Explained, Equity Release Products, Equity Release Scheme, Halifax, Halifax Equity Release, Halifax Retirement Home Plan, Home Retirement Plan, Home Reversion, Home Reversion Plan, Lifetime Mortgage, Lifetime Tenancy Agreement, Long Term Care Facility, Retirement Home PlanDo 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 More Compare Lifetime Mortgages, Early Ill Health Retirement, Equity, Equity Release, Equity Release Providers, Equity Release Schemes, Ill Health, Ill Health Lifetime Mortgage, Ill Health Repayment, Ill Health Retirement, Independent Financial Advice, Lifetime Mortgages, Lump Sum Payment, Pension, RetirementWhat is the Difference Between an Interest Only Mortgage and an Interest Only Lifetime Mortgage?
If you are interested in releasing equity from your home, you will be embroiled in the process of determining the best solution available to suit your needs. This will involve reading through difficult mortgage regulation documents and countless banking brochures, both of which can be confusing. You may also encounter confusing financial products like interest […]
Read More Equity, Equity Release, Equity Release Council, Equity Release Scheme, Financial Conduct Authority, Independent Advisor, Interest Only Lifetime Mortgage, Interest Only Mortgage, Interest Only Mortgages, Lifetime Mortgage Products, Long Term Care, Mortgage Options, Mortgage Regulation, Releasing EquityCan I pay off an Interest Only Mortgage with an Interest Only Lifetime Mortgage?
An interest only lifetime mortgage is a scheme that will allow you to keep as much equity in your property as possible once it is sold, and which will help you to generate a maximum income, with fairly small repayments. Basically, instead of repaying your mortgage debt in conventional instalments which are, of course, dictated […]
Read More Advantages of Interest Only Lifetime Mortgages, Conventional Loans, Conventional Mortgage Scheme, Equity, Equity Release, Equity Release Mortgages, Interest Only Lifetime Equity Releases, Interest Only Lifetime Mortgage, Interest Only Lifetime Mortgage Products, Interest Only Loans, Interest Only Mortgage, Lifetime Mortgage, Lifetime Mortgage Products, Long Term Care Facility, Lump Sum Lifetime Mortgage, Maximum Income, Mortgage Debt, Mortgage Scheme, No Negative Equity, Release Equity, Release Equity From Your Home, Small RepaymentsWhere can I get Independent Equity Release and Lifetime Mortgage Advice in Bristol?
If you are looking into the possibility of releasing equity from your home, you will be aware that this is a big financial decision. Before you decide to act on your idea, it is always a good idea to get as much solid, grounded advice as possible. Living in the Bristol area you can always […]
Read More Bristol, Citizens Advice, Citizens Advice Office, Equity Release, Equity Release Product, Home Reversion, Independent Advice, Independent Equity Release, Interest Only Lifetime Mortgage, Lifetime Mortgage, Lifetime Mortgage Advice, Lifetime Tenancy Agreement, Mortgage Broker, Possibilities of Equity Release, Possibility of Equity Release, Release Equity, Release of Equity, Releasing EquityWhere can I get Independent Advice on Equity Release Schemes?
If you are considering taking on an equity release scheme, or, indeed, if you are participating in one already, it is always a good idea to check in with a qualified equity release adviser from time to time in order to gain a little perspective and some independent financial advice. Unless you have plenty of […]
Read More Equity Release, Equity Release Calculator, Equity Release Council, Equity Release Schemes, FCA, Financial Advice, Financial Advisor, Financial Conduct Authority, Home Reversion, Home Reversion Calculator, Home Reversion Plans, Independent Advice, Independent Financial Advice, Lifetime Mortgages, Long Term Facility, Professonal Advice, Qualified Advice, Qualified Adviser, SHIPDo I have to pay tax on the Release of Equity from my property?
As anyone looking to release equity from their home or other valuable asset will know, the business of using your property to secure a regular income has both positive and negative elements. Before you sign up for an equity release scheme, you will want to make sure that you have a handle on both of […]
Read More Capital, Capital Gains Tax, Drawdown Facility, Equity Release, Equity Release Programme, Equity Release Scheme, Equity Release Schemes, Home Reversion Plan, Inheritance Tax, Means Test Score, Release of Equity, Release Of Equity From Home, Social Security Benefits, Tax, Tax on Equity Release, Tax-Free Payments, Taxation on Property, Type of Lifetime Mortgage