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16th September 2009
Equity can be defined as the difference between the value of a property and the balance of the mortgage, or any other finance, that is secured on it. There are several different methods of equity release available to homeowners. This can include releasing... Read >
Author: sharuq16th September 2009
Equity can be defined as the difference between the value of a property and the balance of the mortgage, or any other finance, that is secured on it. There are several different methods of equity release available to homeowners. This can include releasing... Read >
Author: sharuq30th August 2009
When payments are made on a house for many years, a person gets closer and closer to paying off that house and being able to finally own it. However, as time goes on, many people find that they are unable to end up owning the house during their lifetime, ... Read >
Author: Wesley Pritchard24th August 2009
Benefits rule over the risks when it comes to equity releases. Advice from a reliable source can help you to get the equity release that suits you the best so that you can enjoy its benefits year after year.
What is Equity Release?
Equity Release i... Read >
Author: Rahul Rungta29th July 2009
Many of us own homes that have considerable amounts of equity. That means that their value, less all outstanding debts secured on them, is significant. Sometimes we might find ourselves in need of this equity which is tied up in our homes. This need could... Read >
Author: Robert Palmer29th July 2009
If you are over 55 then you can raise around 30% of the cash locked up as equity on your home by opting for a home reversion scheme or a lifetime mortgage. 30% does not seem to be a high proportion, but that is because of the large amounts of cash involve... Read >
Author: Robert Palmer07th July 2009
Nowadays, reaching the age of retirement with your pension intact is a feat not to be underestimated.
Your pension is a pot of money that is accrued over the course of your working life. Upon retirement, you should receive regular payments every year, ... Read >
Author: Adam Singleton19th June 2009
If you are one of the many thousands of people over the age of 55 trying to make ends meet, but with insufficient income, an Equity Release Lifetime Mortgage could be the answer to your predicament, and may be the solution to provide that much needed boos... Read >
Author: Jerry Figueroa-Lee05th June 2009
Although there are many benefits to choosing equity release, it is important to understand that there are also possible risks involved.
Firstly, it is essential that the equity release provider that you choose is a member of the trade body SHIP (Safe H... Read >
Author: Les Patterson05th June 2009
Lifetime Mortgages give you the chance to release the thousands of pounds that are tied up in your property and can help you enjoy a more restful and secure retirement. They can be used for anything from topping up pension funds to using the added income ... Read >
Author: Les Patterson05th June 2009
Equity release loans can be of great help you if you’re looking to raise a lump sum of cash for an expensive purchase like a new car, home improvements, or paying off some debts. Loan rates have never been lower than they are right now, and equity relea... Read >
Author: Les Patterson05th June 2009
There are a few significant regulators in the UK that govern the way lifetime mortgage providers conduct their business. They are the FSA (Financial Services Authority) and SHIP (Safe Home Income Plans).
SHIP
SHIP is a company supported by all the ... Read >
Author: Les Patterson31st March 2009
The current recessionary climate has encouraged people to think seriously about their long-term financial well-being and retirement planning; and not before time.
Recent research has revealed that many adults from all walks of life face future financi... Read >
Author: Adam Singleton25th March 2009
With each interest cut made by the Bank of England, financial pressures grow for the millions of retired pensioners who rely on savings as part of their retirement planning. It’s not much better for those who are approaching retirement, as UK defined co... Read >
Author: Andrew Regan13th February 2009
Equity Release Schemes which are also known as Lifetime Mortgages have changed considerable over the last ten years, and now provide a number of flexible options that should be considered carefully before reaching a decision on the most appropriate scheme... Read >
Author: Jerry Figueroa-Lee03rd December 2008
The issues surrounding pensions in the UK means many people face a considerable drop in income when they retire, with the real prospect of having to downsize to release equity from their homes to help supplement their pensions. However, many retired peopl... Read >
Author: Jerry Figueroa-Lee20th October 2008
To start with a usual mortgage is a tool made use of to create a lien on real property such as an estate by a contract.
It is a device that the mortgagor also called the borrower uses to guarantee real property to the mortgagee or the lender as collate... Read >
Author: Poly Muthumbi09th September 2008
For many, the prospect of retirement can be daunting. What is supposed to be a time for relaxation post-employment, can often be overshadowed with the anxiety of facing a significant drop in income, coupled with increasingly high living costs.
And, ... Read >
Author: pmcindoe16th August 2008
Many people are turning to Equity Release to unlock the real value in their homes. Through equity release, people are able to more fully enjoy their retirement. These are ten points that you should consider about Equity Release and Lifetime Mortgages.
... Read >
Author: Hanson Wealth Management23rd June 2008
Product development over the past few years has been dramatic to say the least, and the equity release market today is only a faint shadow of its former self. The providers who have lead the way may not have realised the real impact that they would have o... Read >
Author: Daniel Collins19th March 2008
Equity release mortgages are a class of financial products that offers customers to benefit from the equity of their homes. Often, older people may find it hard to earn money and if their resources are less, they may find it very difficult to maintain the... Read >
Author: R Rama25th July 2007
Equity release is a way for homeowners to release cash from the equity that has built up in their home. Equity can be defined as the difference between the value of a property and the balance of the mortgage, or any other finance, that is secured on it.
... Read >
Author: michael sterios27th March 2007
With the whole pension fiasco many people are struggling when in their golden years. Releasing the equity from your home can be a good way to supplement your income in retirement. Make sure you use these ten points to avoid the pitfalls.
#1 Make Sure T... Read >
Author: Christopher20th March 2007
Some retirees supplement their pensions by using capital assets, usually their home. For the asset rich, cash poor, equity release is a relatively efficient and safe way to gain a cash lump sum from your property to improve the quality of your life in ret... Read >
Author: dominic whiting16th August 2006
Pensioners should be sitting pretty regarding mortgages shouldn't they? After all, they should by now have completed their payments and be the sole owners of their homes. Sadly, for some 600,000 pensioners this is not true – they are still paying off thei... Read >
Author: michael challiner07th July 2006
If you need money for home improvements or a business, then you could use your mortgage to generate the credit you need. Although using your mortgage to generate credit shouldn't be your first choice, if other lines of credit are closed to you then releas... Read >
Author: Peter Kenny
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