There are a number of reasons why impaired equity release schemes are beneficial. Here are ten good reasons to consider such a scheme: 1 Offers Maximum Release of Equity from your Home You can borrow the maximum value of your home’s value (less any outstanding mortgage) and you can choose from a number of options […]
The best enhanced lifetime mortgage plan is a matter of choice and the one that best suits your needs. While there are many insurers offering different plans and mortgage brokers who have access to an extensive market, there are actually only four main providers for lifetime mortgage plans. These are: Aviva Just Retirement More2life Partnership […]
Researching your best options for an equity release plan can be a daunting task and using an enhanced lifetime mortgage calculator will give you a good guideline on the providers and what you’re likely to receive in terms of income or lump sum. Once upon a time, equity release providers would offer information only on […]
In short, any lender of a Lifetime Mortgage is going to weigh up the risks and the lesser the risks, the higher the chance of a person borrowing more money. In simple terms, the lender’s money will be repaid quicker on a property where the person dies in a shorter period of time, as opposed […]
If you’re aware of Enhanced Plans which will bring you increased rates due to ill-health, you will want to ensure that you’re getting the best enhanced plan around. This money is to last you for the rest of your life and if you have been relying on your home to provide with your pension once […]
If you’re looking to use the equity from your home to increase your monthly income, then unlocking the capital in your property is an option. You may have heard about Equity Release as marketing for these products has been pro-actively around for some time. However, have you thought about this thoroughly? You may simply choose […]
If you’re looking to purchase an Impaired Equity Release plan then don’t spend too much time on thinking about the choice. With current trends being at an all-time low, you run the risk of losing out on cash that could be in your pocket. Naturally, this is a big decision and the time to act […]
It might appear risky to think about releasing equity from your home in the current climate as interest rates remain at an all-time low; however, your ill-health could be the answer to financial struggles by way of purchasing an Equity Release plan. Contrary to popular belief, ill-health is one way to release funds in order […]
Property prices have soared, so homeowners have a substantial pot of savings in the form of their home. Normally, it isn’t possible to access this capital unless you sell your house, and the value of the house has no impact on your income or cash flow. This is exactly what equity release schemes allow you […]
What is the Purpose of an Equity Release Calculator?
The biggest question you have with any mortgage product is — can you afford it? You may not be ready to talk with a mortgage ...
The Benefits of Not Using the Aviva Equity Release Eligibility Calculator
Calculators are not created equal in the equity release market. Instead, many companies have their own calculators on their website, while there are independent websites ...