How to Release Equity On Your London Home for a Location in the Country
May 19th, 2014
Castle Trust announced people over the age of 55 living in the capital could take advantage of their current home and purchase a second country home. The company further stated all it takes is 20 per cent of the current home’s equity to make this secondary purchase happen. Through an equity release scheme like a lifetime mortgage, housing owners in London could find a second home in numerous areas in the country. To determine if you would qualify and how much equity can be released, use an equity calculator UK and find out how much equity you have and learn about all your lifetime mortgage options. …read more
How London Equity Release Schemes Benefit from Rising House Prices
May 16th, 2014
Anyone over 55 living in the Big Smoke is currently benefiting from the exceptionally rising London housing prices. Figures in 2014 have shown that yet again it was UK’s capital seeing the focus of where prices showing the greatest increase. London property values on average soared by 17.7% in February 2014 compared to the year earlier. So how can this growth in London’s equity benefit the over 55’s, or those already in their retirement? …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