A poor credit rating often means that people are unable to get credit cards, loans and mortgages. They are simply considered too high-risk for a financial institution to deal with them. However, with an increasing population accruing a poor credit rating, there has been a subsequent shift in policy and a branch of financial institutions […]
Read More Credit Rating, Credit Report, Equity, Equity Release, Equity Release Council, Equity Release Plans, Equity Release Providers, Equity Release Scheme, Financial Conduct Authority, Financial Providers, Lifetime Mortgages, Loans, Mortgages, Negative Credit, Poor Credit Rating, Professional Advice, Release of Equity, Safe Home Protection Plan, SHIP, Standard MortgageEquity release is an excellent way for people to access the equity which is tied up within their home, but who does not wish to sell, in order to do so. However, it is important to fully understand what equity release is and what the alternatives are before proceeding further and committing to an equity […]
Read More Equity, Equity Release, Equity Release Calculators, Equity Release Explained, Equity Release Products, Equity Release Scheme, Halifax, Halifax Equity Release, Halifax Retirement Home Plan, Home Retirement Plan, Home Reversion, Home Reversion Plan, Lifetime Mortgage, Lifetime Tenancy Agreement, Long Term Care Facility, Retirement Home PlanThe Retirement Home Plan is a really good alternative to an equity release scheme. It differs in that customers must still pay a small monthly contribution. To learn about this plan from Halifax you may want to use the Halifax affordability calculator. This tool will help answer how much you can borrow with this specific […]
Read More Equity Release Scheme, Equity Release Schemes, Halifax, Halifax Affordability Calculator, Halifax Calculator, Halifax Retirement Home Plan, Home Appraisal, Housing Market, Independent Financial Advice, Independent Financial Adviser, Inheritance, Interest Only Lifetime Mortgage, Lifetime Mortgage Plans, No Negative Equity, Repayments, Retirement Home PlanIf you are interested in releasing equity from your home, you will be embroiled in the process of determining the best solution available to suit your needs. This will involve reading through difficult mortgage regulation documents and countless banking brochures, both of which can be confusing. You may also encounter confusing financial products like interest […]
Read More Equity, Equity Release, Equity Release Council, Equity Release Scheme, Financial Conduct Authority, Independent Advisor, Interest Only Lifetime Mortgage, Interest Only Mortgage, Interest Only Mortgages, Lifetime Mortgage Products, Long Term Care, Mortgage Options, Mortgage Regulation, Releasing EquityAs anyone looking to release equity from their home or other valuable asset will know, the business of using your property to secure a regular income has both positive and negative elements. Before you sign up for an equity release scheme, you will want to make sure that you have a handle on both of […]
Read More Capital, Capital Gains Tax, Drawdown Facility, Equity Release, Equity Release Programme, Equity Release Scheme, Equity Release Schemes, Home Reversion Plan, Inheritance Tax, Means Test Score, Release of Equity, Release Of Equity From Home, Social Security Benefits, Tax, Tax on Equity Release, Tax-Free Payments, Taxation on Property, Type of Lifetime MortgageIf you are keen to find out about equity release and to determine which of the available schemes best fits your requirements, you will need to settle down to some fairly hefty research. When it comes to taking out a loan – as the recent recession has taught us – you need to make sure […]
Read More Compound Interest, Deceased Estate, Equity Release, Equity Release Payments, Equity Release Programmes, Equity Release Scheme, Equity Release Schemes, Financial Conduct Authority, FSA, FSA Equity Release, FSA Equity Release Resource, Home Reversion Plans, Lifetime Mortgages, Recession, Release Equity, What is Equity ReleaseThere are many options when it comes to programmes to help you get the money you need. This is especially true when you are at retirement age or near to it. Looking into all the available options can help you ensure that your retirement is the way you want it to be. When it comes […]
Read More Care Facility, Enhanced Lump Sum, Equity, Equity Plans, Equity Release, Equity Release Programme, Equity Release Scheme, Home Reversion, Ill Health Lifetime Mortgages, Interest Only Mortgage, Lifetime Equity Release Schemes, Lifetime Mortgages, Lifetime Tenancy Agreement, Lump Sum Payout, Monthly Payments, Mortgage, Mortgage Company, Personal Finance, Release of Equity, Retirement, Retirement Age, Type of Equity Release, Type of MortgageYou may have heard a lot about equity release programmes. These are being used to help people in their retirement years to have the money they want and need when they retire. They are programmes that use the equity in homes to get money out of it. It is possible using pension drawdown to release […]
Read More Annuity, Concept of Lifetime Mortgage, Drawdown Scheme, Equity, Equity in Homes, Equity Release, Equity Release Loan, Equity Release Programmes, Equity Release Scheme, Form of Equity Release, Home Owner, Home Reversion, Interest Only Lifetime Loans, Interest Only Option, Living Standards, Lump Sum, Monthly Payments, Pension Drawdown, Pensioners, Property Equity Release, Release of Equity, Retirement Years, Types of Equity ReleaseThere does come a time when you have to take into consideration what will happen when you pass away. It is a topic that is uncomfortable and no one wants to discuss, however, it does need to be covered and taken care of to ensure that your loved ones are taken care of should something […]
Read More Assisted Living Facility, Capital Gains, Equity Release Advice, Equity Release Scheme, Equity Release Schemes, Gifting Money, Halifax, Halifax Equity Release, Halifax Equity Release Scheme, Independent Financial Adviser, Inheritance Guarantee, Inheritance Tax, Life InsuranceUnderstandably, the lower the set up costs for any mortgage, the better. This is the same for equity release schemes, which can vary significantly from lender to lender. It is always best advice therefore to seek independent financial advice from an experienced broker to research for you. Being whole of market, once a full financial […]
Read More Advice Fee, Application Fee, Broker, Compounding Interest, Conventional Mortgage, Early Repayment Charges, Equity Release, Equity Release Advice, Equity Release Completion Process, Equity Release Mortgage, Equity Release Mortgages, Equity Release Scheme, Equity Release Schemes, Equity Release Solicitor, Equity Release Stages, Financial Advisers, Financial Services Authority, Free Valuation, FSA, Independent Financial Advice, Independent Solicitor, Key Facts Illustration, KFI, Lifetime Mortgages, Mortgage Financial Advisor, Mortgage Valuation, Roll Up Interest, Safe Home Income Plan, Sert up Costs, SHIP, Solicitor, Solicitor Fee, Survey Fee, Taxation on Property, Tiered Rate System, Valuation Fee