Curiosity often strikes when looking at financial commitments, and equity release is no exception. Perhaps the idea of paying it off early has you wondering: “Will this save money or reduce the stress of long-term repayments?” The thought of being financially ahead of the game is tempting and worth exploring. This guide explains how early […]
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Is It Worth Paying Off Equity Release Early?
What is Equity Withdrawal? A UK Homeowners’ Guide
Have you ever come across the term ‘Mortgage Equity Withdrawal (MEW)’ and wondered what it is? You’re not alone. MEW might seem like a complex financial term, but it’s something that could be highly relevant to many UK homeowners. Simply put, MEW allows you to access the value locked in your home, turning it into […]
Equity Release on Jointly Owned Property: An In-Depth Guide
Equity release can be a good option if you want to use the money tied up in your home. This might be especially appealing if you own the house with someone, like your husband, wife, or partner. But how does it work when the home is jointly owned, and what should you do next? In […]
Is Releasing Equity a Good Idea? A Complete Guide
Equity release is becoming a major financial option for Brits over 55. In 2022, a record number (93,421) of people used equity release to access cash tied up in their homes. No surprise then, that many retirees are considering it to improve their finances. Perhaps you’re aware of this trend and tempted to tap into […]
Should You Get an Interest-Only Equity Release?
Equity release is becoming an increasingly popular financial option, especially among those over 55. If you fall into this age group, you might be considering this to free up some capital from your property. Specifically, the interest-only equity release might catch your eye, as it offers unique features. In this complete guide, you’ll find clear […]
Should You Get a Home Reversion Plan? A Full Guide
Home reversion plans are something you might hear about when planning for retirement. So, what are they? In simple terms, these plans allow you to sell a part or all of your home to a provider and live there rent-free until you move out or pass away. Now, you might have heard some doubts or […]