Best Equity Release Deals - We all have plans for the future. If yours involve a need for extra money, you may be thinking about unlocking some of the money tied up in your house. Equity release enables people to release money from their house to fund their plans, without having to move. Through this website you can contact equity release experts who can advise you about the products on offer and the benefits and considerations involved in taking out equity release.
As savings and pension investments have failed to produce the expected returns for a generation of homeowners, many people, whilst they may not have a large pot of cash in the bank, have spent many years paying off a mortgage to build up equity in their home. Therefore many people aged 55 or over are in a position to explore equity release as another avenue for funding their retirement plans. If you are considering equity release it is essential to ensure you are armed with all the information available and get qualified advice on the best deals.
Retirement Plus - A specialist provider of retirement products designed to help people improve their financial security and lifestyle in retirement. The company only accepts business from people who have received financial advice from an adviser registered with the Financial Services Authority (FSA).
The company specialises in what are known as home reversion plans which can help people raise funds from their property, tax-free. The company will buy a share of your home for its market value and you can continue living in your home for the rest of your life. When you die, the property will be sold and the company will deduct their share of the money received from the sale and the costs of sale, before paying any remaining funds to your estate.
SHIP Equity Release - Safe Home Income Plans (SHIP) is an industry body representing the majority of equity release lenders including the leading providers of lifetime mortgages and home reversion plans. Members are bound by a code of conduct which is designed to the protect the consumer. In 2008 more than £1bn worth of loans were taken out by customers and the equity release market is expected to grow significantly over the next few years.