Short London Leases – Extended with Equity Releases

April 7th, 2014

There are a number of questions that arise when it comes to leasehold properties and the potential for equity releases. The biggest of these is often whether or not an equity release company will accept leasehold properties at all and the answer can be quite complicated, depending on the individual situation. …read more

Poor Savings Rates but Far Better Equity Release Deals

March 25th, 2014

Have you been shopping around for a half-reasonable savings plan lately and found that ‘The Royal Bank of Under the Mattress’ seems to be offering the highest dividends at the moment? What is going on in the financial world currently?

The banks and building societies could definitely afford to offer much better rates on savings at the moment, than the pitiful interest rates that seems to be around at the moment. Especially when you see what they’re charging to actually lend money and when equity release UK companies are falling over themselves at the moment to offer their customers the best equity release deals in the market. …read more

Things to Consider When Choosing the Best Equity Release Deals

March 25th, 2014

When it comes to choosing the best equity release deals always shop around on the various equity release websites on the internet. Another source of information and practical help would be from an independent equity release adviser who can research the whole of the market for you to find the best equity release deal for you. …read more

Reasons Why Management of Your Interest Only Mortgage is More Essential Than Ever

March 25th, 2014

The current news of the world is sounding the death knell for the interest only mortgage. It is therefore more essential than ever before that should you still be holding an interest only mortgage you manage your risk accordingly.

In today’s world, saving up for your old age is the best way of rewarding yourself for the future. This is the reason why many people originally considered an interest only mortgage. They felt the investment vehicle selected, whether it was an ISA, low cost endowment or personal pension would create a fund surplus at the end of the term. This would have enabled them to not only repay their mortgage, but provide an additional cash sum for their pension provision. …read more

Types of Home Equity Loans

March 25th, 2014

The principle of equity release is fairly straightforward in that it is a loan or second mortgage using the collateral provided by the increase in value of your home compared with the price you paid for it some years previously. This pre-supposes of course that you have had your house for some time and should have paid off the original mortgage or be close to doing so. For most people this means they need to be over 55 years old to qualify. …read more

What Equity Release Schemes Mean for Pensioners

March 20th, 2014

Due to the constant rise in living costs, the retirement funds of some pensioners are no longer sufficient for them to meet their daily living costs and still be able to enjoy their retirement. In such cases, many pensioners are looking for another way to gain extra income that will make it possible for them to adequately meet all of their daily living costs and have sufficient funds to enjoy their retirement. Equity release schemes are one way to make this happen. …read more

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