Equity Release – how does it work?

I’m often asked, “how does equity release work?” There are two forms of equity release. Lifetime mortgage; The loan is secured against your property and you retain ownership. You can protect a portion of the property for inheritance purposes. Interest is charged and added to the balance, which is cleared when you (or the second applicant if the loan…

Equity Release Case Studies

Equity release has been around for a long time and it’s becoming an increasingly popular way for me to help my clients. I’m often asked by people I meet out and about “what do people use it for?” Let me tell you a story or two about my clients (all names have been changed) Mrs A owned her home…