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
With London Property Values Soaring is Now the Best Time to Take Equity Release?
May 19th, 2014
A lot has happened in the last eight years. Housing prices declined rapidly, mortgage products left the market swiftly, and interest rates bottomed out. Now with two recessions behind the UK, housing is starting to come back. Unfortunately it is not an even process. Economic recovery occurs fastest where the money is, which translates into London seeing the best housing prices since the decline and the rest of the UK slowly following. For Londoners it means equity levels are up, which offers a higher equity potential to be withdrawn for all kinds of purposes. Equity release schemes include interest only, roll up, drawdown, and enhanced lifetime mortgages. With enhanced lifetime equity release the health and lifestyle questionnaire is a handy tool. …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
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