Latest Equity Release News & Updates | Equity Review - Part 2
The latest news for your enjoyment.
What Does the Future Hold for Equity Release Schemes?
April 25, 2014 | George Weir+Equity release provides a useful retirement mortgage vehicle for homeowners to raise money without having to sell their property. This financial product for the over 55’s has become increasingly popular in recent times due to three main reasons: – • … Read More
Will the Baby Boomer Generation be Able to Obtain Mortgage Finance into Retirement?
April 25, 2014 | George Weir+There was a time when having a mortgage during retirement was considered taboo. People were wary of borrowing during retirement, and it was certainly not something to be talked about openly. But times have changed, and social and cultural factors … Read More
Can Independent Equity Release Advice Be Found Online?
April 24, 2014 | George Weir+Making a decision whether to take out an equity release plan can be a hard task especially if you have never done it before. This is the reason why the FSA and the government insists its elderly citizens use a … Read More
The Principles Behind the Interest Only Lifetime Mortgage
April 24, 2014 | George Weir+An interest only lifetime mortgage is becoming one of the most common examples of an equity release scheme. As an equity release scheme, an interest only lifetime mortgage provides retired homeowners with the option of obtaining a mortgage during their … Read More
Should Your Savings and Investments be used to Pay for Care?
March 28, 2014 | George Weir+After the initial shock of learning that you or your loved one may need long term residential care, the next question becomes how you will be able to afford to provide for that care. With a continuous increase in the … Read More
Enhanced Equity Release Schemes
February 28, 2014 | George Weir+Enhanced Equity Release Schemes, also referred to as Enhanced Lifetime Mortgage Schemes are financial schemes that favour you when you are in poor or ill health. People whose medical expenses bite their pocket take loans for their medical care. They … Read More