• What Kind of Equity Release is the Stonehaven Interest Select Plan?

    By Mark Gregory on

    Equity release is an option for people who would like to benefit from some of the equity they own within their own home without actually having to sell their home to do so. It can be a good option as it can provide either a lump sum or an ongoing monthly income to people throughout their retirement which can be a stressful time as retirees adapt to a reduced monthly income. One such product is the Stonehaven Interest Select Plan mortgage. However, equity release does have some negative aspects. The interest owed on the principal amount is rolled up into…

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