News reports indicate there is renewed interest in the equity release market. In fact, quarter 2 of 2014 shows lending of equity release funds is at £325 million, with a potential amount of £641 million for the first half of the year. Additionally, 10,000 new equity releases have been taken out in the first half […]
Read More Baby Boomers, Equity Release Calculation, Equity Release Calculator, Equity Release Funds, Equity Release Market, Equity Release Products, Equity Release Supermarket, FCA, Financial Conduct Authority, Financial Services Authority, Home Reversion Calculators, Interest Rates, Lifetime Mortgage Calculators, Loan Companies, New Equity ReleaseUnderstandably, 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 FeeExperience of the equity release UK market over the past 10 years has proved a mixture of highs and lows. From its origins, there were only a few equity release lenders, such as Norwich Union, Prudential Equity Release, Hodge Equity Release, and Northern Rock and Home and Capital. Some of these equity release lifetime mortgage […]
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