The biggest question you have with any mortgage product is — can you afford it? You may not be ready to talk with a mortgage expert yet, so how do you determine the affordability of the product? It is easy to find that there are only mortgage calculators including an equity release calculator for retirement […]
What is the Purpose of an Equity Release Calculator?
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 for independent brokerage firms that offer independent calculators and other tools. The Aviva equity release eligibility calculator is dependent on Aviva’s website. It is not going to provide you with […]
Where an Equity Release Calculator UK Scores Highly
What if you start talking with a broker about potential equity release products for your retirement? What if after you go through the whole process with a credit check, credit score check, age analysis, home value appraisal, and health questionnaire only to be turned down? It would not make your day, right? In fact, you […]
Adjusting Insurance to Suit Your Age
As you age, your body changes and so do your health requirements. In order to ensure that you continue to be able to afford effective medical treatment and the care that you might need, it is important that you keep your insurance and medical aid schemes up to date and tailored to your current needs. […]
Elderly Care is Not Always for the Long Term
The elderly may learn that they need care for a number of different reasons. Some may need some help with just normal everyday activities while there are some that need some rather intensive care especially if they suffer from certain ailments. As age progresses, so does the likelihood that the elderly may develop a number […]
When Equity Release Doesn’t Pay to Go Direct
When it comes to deciding on which equity release scheme to choose, as with shopping for any product online, it would be natural to think that going direct to the lifetime mortgage provider would be the best option available. We are bombarded by advertisements by companies boasting about how they don’t get involved with price […]
Use an Enhanced Lifetime Mortgage Calculator
An enhanced lifetime mortgage is offered to those who may be of ill health. This is probably the one time where your sickness or ailments may be beneficial to you. The enhanced lifetime mortgage works on the fact that the provider will predict a lower life expectancy because you are sick so they will be […]
The Future of the Equity Release Market for 2013 & Beyond
Despite the horror stories of corruption and miss-selling of financial products in recent years, the Equity Release Council heavily regulates the equity release market and there is protection in place for consumers. Press and media attention since the global financial crisis has brought distrust and a wariness not to mention unstable markets and worrying times […]
Application Process for Enhanced Lifetime Mortgages
One of the biggest questions many prospective consumers have is how long the application process takes and what is involved in that process. There is also the Equity Release Solicitors Alliance to consider so that you have access to the advice of a solicitor and they can handle the valuation of your property. Using a […]
Which Health Conditions Qualify You for an Impaired Life Equity Release?
The number of health conditions that may entitle you to an impaired life equity release plan are vast and varied. However, you could have experienced more than one at some point in your life. As your advisor begins to get to know you, he or she will gather the information in order to establish the […]