What is equity release?Equity release plans allow you to release tax-free cash from your home to boost your finances in retirement. The two main types of equity release plans available are lifetime mortgages and home reversion plans. |
|
Read more...
|
|
Types of equity release schemesThere are four types of equity release scheme currently available: |
|
Read more...
|
|
Lifetime mortgagesA lifetime mortgage is a form of equity release scheme where a loan is secured against your property to provide you with a tax free cash lump sum or a regular income to spend as you wish, with no monthly repayments to meet. |
|
Read more...
|
|
Drawdown plansA drawdown lifetime mortgage has the same advantages and disadvantages as a regular lifetime mortgage, as well as a few more that are unique to this kind of equity release plan. |
|
Read more...
|
|
Home reversion plansWith a home reversion plan you sell part or all of your home to a reversion plan company in exchange for a tax-free cash lump sum and a guaranteed lifetime lease with no monthly repayments to meet. |
|
Read more...
|
|
|
|
Equity Release 