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 ReleaseA 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 MortgageIf 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, SHIPUnderstandably, the lower the set up costs for any mortgage, the better. This is the same for equity release schemes, which can vary significantly from lender to lender. It is always best advice therefore to seek independent financial advice from an experienced broker to research for you. Being whole of market, once a full financial […]
Read More Advice Fee, Application Fee, Broker, Compounding Interest, Conventional Mortgage, Early Repayment Charges, Equity Release, Equity Release Advice, Equity Release Completion Process, Equity Release Mortgage, Equity Release Mortgages, Equity Release Scheme, Equity Release Schemes, Equity Release Solicitor, Equity Release Stages, Financial Advisers, Financial Services Authority, Free Valuation, FSA, Independent Financial Advice, Independent Solicitor, Key Facts Illustration, KFI, Lifetime Mortgages, Mortgage Financial Advisor, Mortgage Valuation, Roll Up Interest, Safe Home Income Plan, Sert up Costs, SHIP, Solicitor, Solicitor Fee, Survey Fee, Taxation on Property, Tiered Rate System, Valuation FeeExperience of the equity release UK market over the past 10 years has proved a mixture of highs and lows. From its origins, there were only a few equity release lenders, such as Norwich Union, Prudential Equity Release, Hodge Equity Release, and Northern Rock and Home and Capital. Some of these equity release lifetime mortgage […]
Read More Aviva, Banks & Building Society, Cash Reserve Facility, Credit Crunch, Drawdown Equity Release, Drawdown Equity Release Schemes, Equity Release, Equity Release Funding, Equity Release Lenders, Equity Release Lifetime Mortgage, Equity Release Lifetime Mortgage Companies, Equity Release Market, Equity Release Product, Equity Release Providers, Equity Release Schemes, Equity Release UK, Equity Release UK Market, Financial Conduct Authority, Financial Services Authority, FSA, Hodge Equity Release, Hodge Lifetime, Home & Capital, Home and Capital, Home Reversion, Home Reversion Products, Impaired Life Equity Release, Impaired Life Equity Release Plan, Interest Only Mortgages, Interest Select Equity Release, Just Retirement, Lifetime Mortgage, Lifetime Mortgage Companies, Lifetime Mortgage Plans, more2life, New Life Mortgages, Northern Rock, Norwich Union, Prudential, Prudential Equity Release, Safe Home Income Plans, Santander, SHIP, Stonehaven, UK Equity Release, UK Equity Release Companies