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Stamp duty increases borrowing in retirees
A combination of high stamp duty charges and a shortage of suitable, smaller homes is forcing more and more older people to borrow money rather than downsize, according to the latest data. Stamp duty tax, which is payable when buying a new property, is perceived as too high a price to pay for moving by […]
The launch of new buy-to-let equity release schemes from Retirement Advantage shows how this emerging financial services sector is positively looking to help in...
Using equity release to pay off mortgage
Do you have an interest-only mortgage? It is close to reaching maturity? Do you have enough money set aside to pay it off? If not, you’re not alone – it is thou...
Why returning British expats may face a property nightmare
While Brexit may well mean Brexit, nobody yet knows exactly what this will mean for thousands of people living both in the UK and in Europe. European workers, s...
Can I still leave an inheritance
For many of those contemplating an equity release plan, leaving an inheritance for their beneficiaries is one of their main concerns. Although the interest that...
Do I need equity release advice?
Increasing numbers of homeowners are finding themselves in the old cliché of becoming ‘asset rich and cash poor’ when they reach retirement. While this may be l...
How equity release is used for gifting
Today’s retirees are creating new traditions, such as adopting a more active and independent lifestyle and providing a better quality of life for their family n...
Using equity release to clear your debts
Most people have an idyllic idea about retirement. It means taking it easy, having the time to do the things you’ve always wanted to, and relaxing, free from th...
Interest Rate War Stokes Up the Equity Release Market
Equity Release Supermarket are currently experiencing the largest number of equity release interest rate reductions that have ever been witnessed in the industr...
Equity Release - Helping You Plan for an Uncertain Future
Post Brexit, there will be many guesses as to how the economy will fair, equity release interest rates included. This post looks at where lifetime mortgage inte...