How Transport Links are driving the Gentrification of London
May 19th, 2014
London over the last decade has seen a significant shift in socio-economics. This change has directly affected the housing market throughout the UK and particularly in London. The growing population is putting pressures on lack of housing and increased transport links is also affecting London. Discover how all of this applies to equity release and why you might need to seek an independent equity release mortgage adviser. …read more
How London Equity Release Schemes Can Reduce your Inheritance Tax Bill
May 19th, 2014
One of the realised values of using any London equity release scheme is the ability to gift inheritance early. Inheritance tax (IHT) is one of the largest discussions right now due to the £325,000 threshold. This threshold is much lower than most London property values, creating a difficult situation for larger estates. It is not the just the London homeowners who suffer from IHT, but actually the beneficiaries, as and when the bill comes to them. Equity release is a vehicle to use for lowering the end bill and also helping out your children now. This premise will be examined in detail along with the use of an enhanced lifetime mortgage calculator and some independent advice. …read more
Why London Gentrification Sees Equity Release Plans Prosper
May 19th, 2014
Savills recently released census data regarding the gentrification of London. Their results show that wealthier individuals are returning to London and buying up property. This is creating some interesting situations. One property is becoming lower in supply as demand is up. This in turn is creating a lovely increase in housing values throughout Greater London. As a result of better housing values, over 55s are tapping into equity release plans to take advantage of the rise of the equity stakes in their homes. …read more
Why Are Sales of Hackney Equity Release Schemes Booming?
May 19th, 2014
Hackney is just one borough of Greater London that has seen a drastic change in property market values in recent years. A lot of this has to do with the Olympic effect. The Olympics brought back hope that London was in recovery or would soon recover, thus helping the rest of the UK to end the recession. Combined with the Cross Rail project nearing completion in 2018, urban life is sparkling right now. There is no longer a need to be in rural areas for affordability, when better transportation and more return on property investment can be found. Hackney has seen an increase of 44 per cent and is considered one of the fastest growing areas of Greater London right now. For over 55s living in Greater London experiencing housing price increases, equity release schemes are becoming imperative topics. …read more
How Your London Pad Could Create a Foothold on the Alternative Property Ladder
May 19th, 2014
You have already established yourself on the property ladder as you have a London Pad to enjoy. Unlike many first time buyers who wish to purchase homes in London, but cannot afford the down payment, you have done your time, purchased property, and now you are retired. Now you have time on your hands and plenty of opportunities to make the most of it. In fact, you could decide to join in the rush to the alternative property ladder. Equity release enables you to have a second property investment. Your London location makes it doubly perfect since your home value is significant compared to other counties and parts of the UK. Complete your London equity release calculation now to see if the figures are appealing to you and how much you can potential raise. …read more
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
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