Ashley Shepherd is the founder and managing director at Over50choices. With over 30 years’ experience in financial services, he has held senior roles in building societies, banks and insurance companies.
What if your retirement income doesn’t support the things you want to do, or maybe you’re not ready to slow down and feel you want to create additional income by doing something new.
Is equity release a good idea? We look at the detail to help you make an informed decision as to whether its right for you.
A recent survey by leading UK car insurance comparison specialist Quotezone has found that 61% of those surveyed said their car insurance renewal was more expensive in 2023
Martin Lewis’ view on equity release is that it could be a good option if you’re over 55, need to increase your income and are not concerned about leaving an inheritance.
In a perfect world the best time to take equity release is when interest rates are at their lowest – but life’s not perfect.
The actual amount will depend on your age and property value, but typically ranges between 20% to 50%.
This is a must read if you're considering equity release. Knwing which companies to avoid could save you time & money.
Switching equity release provider and transferring to a better interest rate could save you money but there are other reasons people choose to change lender.
When you die, your equity release loan will need to be repaid. Although this is usually through the sale of your property, there are other options available for paying back the loan.
See what our customers used their plan for in 2022. In most cases there was more than one reason.
If you’re considering releasing equity from your home, to avoid any nightmares it helps to be aware of the equity release horror stories people have faced.
You would be forgiven for thinking that releasing equity from your home is a risky business, as there are numerous myths floating around that may scare some homeowners
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