Personal Finance Blog @ Over50choices

What happens to equity release when you die

Equity release is repaid when you die or move into long term care, usually from the proceeds of the sale of your property. Read more.

04th Apr 2019

What is equity release?

Equity release is a way of unlocking money that is tied up in your home, giving you a tax free cash sum to use how you wish. There are no monthly repayments and the cash can either be taken as a lump sum or drawdown when you need it.

01st Feb 2019

Is Equity Release a good idea?

Equity release or Lifetime Mortgages as they are known are becoming more popular as people look for ways to increase their income

10th Jan 2019

Is there a Saga Funeral Plan?

Saga is well known for providing information, products and of course holidays for the over 50s but as yet they do not offer Saga Funeral Plans.

How much equity can I release from my home? Image

04th Jan 2019

How much equity can I release from my home?

Releasing equity from your home involves taking out an equity release mortgage, it is not a decision that should be made lightly Read more

01st Jan 2019

Alternative Funeral Services

Although the majority of families still stick to tradition when it comes to funerals, an increasing number of people across the UK are now considering other options and looking for alternatives to a funeral service.

The Problem with Pay Now, Die Later: Funerals Uncovered TV Programme Image

12th Oct 2018

The Problem with Pay Now, Die Later: Funerals Uncovered TV Programme

I watched last nightrsquo;s ITV Tonight showrsquo;s documentary lsquo;Pay Now, Die Later; Funerals Uncoveredrsquo; with varying degrees of frustration and sadness.Frustration at the lazy, one sided, sensationalised way the documentary was filmed and sadness that this blatant scaremongering will now put some viewers off pre-arranging their funeral services with a funeral plan.

Equity Release Council Autumn 2018 Market Report Image

25th Sep 2018

Equity Release Council Autumn 2018 Market Report

The Equity Release Council Autumn 2018 Market Report is out and makes very interesting reading on the way we view property and the part it is starting to play in our retirement and later life planning.

18th Sep 2018

The Funeral Plan Price War Begins

I said it would happen but I think you can safely say that the funeral plan price war has officially started, courtesy of todayrsquo;s announcement that Dignity has slashed its funeral plan prices.nbsp;

13th Sep 2018

SunLife Cost of Dying Report 2018

The latest SunLife Cost of Dying Report 2018 is now out, providing the latest news on funeral costs, as well as information on our attitudes to funerals and funeral planning.

Royal London National Funeral Cost Index Report 2018 Image

06th Sep 2018

Royal London National Funeral Cost Index Report 2018

The annual Royal London National Funeral Cost Index Report for 2018 has just been released and as usual makes interesting reading. Carrying the heading lsquo;Buried in Debt ndash; The price of a good send offrsquo;

04th Sep 2018

Celebrity funerals

Having read some of the fitting and beautiful tributes to Queen of Soul, Aretha Franklin who sadly died on the 16th August 2018 aged 76; it made me think about other famous celebrities who will be remembered in some way for their funeral as well as their achievements

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