What is the Difference between a Lifetime Mortgage Calculator & a Home Reversion Calculator?
November 20th, 2014
Attaining true figures for the type of equity release you wish to take out is wholly dependent on the tools you use for that calculation. A home reversion calculator is different from a lifetime mortgage calculator in the main factors used to determine the maximum amount of equity that can be released. …read more
Why Spending Habits Cause the Older Generation to Lean towards Equity Release
May 16th, 2014
A new report generated by the Personal Finance Research Centre and International Longevity Centre discusses living and food costs. The study resulted in six groups with specific patterns and expenditures that can be used to describe the over 50s. Some of these groups, generally in the Baby Boomer range, tend to have more expenditures than conservative consumers with a head of the household in the 80s or older. With this penchant for spending more at a younger age, even with a career that supported it well, equity release is becoming more of a way to protect retirement lifestyles. Explore equity release calculators to see if your Baby Boomer status could use a boost! …read more