Equity release is becoming an increasingly popular way of solving a dilemma many older people face. On the one hand, they want to stay in their own home for as long as possible. On the other hand, they went to access the value in their home and also reduce their...
Both pensions and property can be good ways of financing your retirement. It is, however, important to think carefully about which you prioritise. Here is a quick guide to what you need to know. The basics of pensions. In the UK, public-sector employees may still...
In principle, there are two types of equity release – home-reversion schemes and lifetime mortgages. Home-reversion schemes are when you sell all or part of your home either for a lump sum or an income. Lifetime mortgages are when you mortgage all or...
Retirement is an exciting time; the start of a new chapter in life. Whilst we will have worked, saved and prepared for this moment for a long time, many of us will find we don’t quite have enough money to fund all the things we planned to do. Luckily, there are an...
