Ashley's blog

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.

Ashley Shepherd
Is Equity Release a good idea? Image
28th Aug 2020

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

How much is stamp duty on a house? Image
05th Aug 2020

How much is stamp duty on a house?

The amount of stamp duty you pay on property depends on the purchase price. Usually property valued up to £125,000 is tax free whereas property valued between £125,001 and £250,000 is taxed at 2%. However, this has now changed with the recent introduction of the stamp duty holiday.

How much equity can I release from my home? Image
28th Jul 2020

How much equity can I release from my home?

The amount of equity you can release from your home ranges from 20% to 50% of the property value. However, this depends on your age and the value of your home. Usually the older you are, the more equity you can release

How does the cremation process work in the UK? Image
18th Jun 2020

How does the cremation process work in the UK?

Little is known about the cremation process. Myths surrounding multiple cremations and recycled coffins are all common place, however the truth about cremation is somewhat different

Over half of UK homeowners change equity release plans amid coronavirus pandemic Image
04th May 2020

Over half of UK homeowners change equity release plans amid coronavirus pandemic

Coronavirus has impacted virtually every aspect of our lives. The way we work, shop, socialise and manage our finances. After a brief period of normality following the drawn out Brexit saga, covid-19 has brought another wave of uncertainty to UK homeowners.

What is Martin Lewis travel insurance advice? Image
24th Apr 2020

What is Martin Lewis travel insurance advice?

Martin Lewis’ advice on travel insurance includes information on when and how to insure your holiday. In addition to providing general information on what to look out for when reviewing travel insurance policies

How to stop nuisance calls with the Telephone Preference Service Image
22nd Apr 2020

How to stop nuisance calls with the Telephone Preference Service

The Telephone Preference Service, also known as the TPS is the UK’s official ‘do not call’ register. As it’s illegal for organisations to make unsolicited calls to Telephone Preference Service registered numbers

Over 60 railcard guide Image
13th Apr 2020

Over 60 railcard guide

Over 60 railcards save older train users money on their rail fares. In addition to cheaper train tickets, an over 60 railcard also gives you access to further discounts on products and services

What impact is the Coronavirus having on funerals in the UK? Image
02nd Apr 2020

What impact is the Coronavirus having on funerals in the UK?

Whether you’re in the difficult position of arranging a funeral or not, coronavirus has forced many of us to consider our own mortality. We have certainly seen an increase in visitors to the Over50choices website researching funeral planning and preplanning options, especially direct cremation.

Can I use equity release to pay off an interest only mortgage? Image
27th Mar 2020

Can I use equity release to pay off an interest only mortgage?

Equity release can help pay off an interest only mortgage if you’re coming to the end of your mortgage term and facing a shortfall. However, this depends on eligibility.

Coronavirus UK advice for the elderly Image
16th Mar 2020

Coronavirus UK advice for the elderly

As coronavirus is new there is no treatment for it and antibiotics do not work against virus’. It is therefore extremely important to practice good hygiene and follow the government’s advice.

Does Martin Lewis like equity release? Image
05th Feb 2020

Does Martin Lewis like equity release?

So what does the Money Saving Expert really think of equity release, what should we be aware of and are there any alternatives.

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