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Equity Release

Introduction

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If you are a cash-strapped homeowner over 55, an equity release scheme could be ideal for you.

Many older people have a lot of home equity – value tied up in their property – but would like more ready money. Using a lifetime mortgage or reversion scheme could give you a release of equity, as a lump sum or in regular payments, to supplement your income.

It is essential that you seek professional financial and legal advice before signing up for equity release, as it will impact on your estate.

How To

How to use a home reversion plan

Home reversion schemes are an alternative method of releasing equity from your p...

How to use a lifetime mortgage

Lifetime mortgages can provide money for your retirement without the headache of...

How to release equity from your home

Equity release is an important financial tool for older homeowners, and it's gro...

54% shop around for equity release

More than half of those homeowners who signed up for an equity release scheme wi...

10,000+ released equity in 2012

More than 10,000 older homeowners freed up some of the cash tied up in their pro...

Case study – Home reversion plans

Patricia Davies, 77, had previously looked into home reversion plans but was uns...

Guides

Guide to borrowing past retirement age

As an older borrower, you may be concerned that a lender will not offer you a mo...

Jargon Buster

A ability to pay A way of working out how creditworthy a borrower is, by esti...

Guide to equity release considerations

Equity release may not be the right option for everyone, so consider carefully w...

Guide to home reversion schemes

Home reversion schemes are an alternative method of releasing equity from your p...

Guide to lifetime mortgages

Lifetime mortgages can provide money for your retirement without the headache of...

Guide to equity release

More and more older people are turning to equity release mortgages to enable the...

News

Equity release hits record levels

The equity release market is back above pre-recession levels as lending rocketed...

Get help with your heating

  No one should struggle to heat their home as temperatures fall to the...

Stonehaven launches repayment over-55s lifetime mortgage

Equity release lender Stonehaven has launched an over-55s mortgage to allow borr...

Over 50s with mortgages in repayment crisis

More than two thirds of the 6.3 million over 50s with an interest-only mortgage,...

Equity release lending hits record levels

Equity release lending has hit its highest quarterly level for six years with a ...

Half over 40s expect to be paying housing costs in retirement

Half of over-40s believe they will still be repaying their mortgage or paying re...

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