There are a number of reasons that you may need to get a house valuation done. The four most common reasons for getting a house valuation are the following: 1. To put your house up for sale and get a mortgage for a new property 2. To remortgage your property 3. If you’re getting …
Using an Equity Release scheme to release capital from your home is a good way for those over 55 to add to their retirement pot. This could be the extra support needed if living alone. Could Equity Release increase your pension pot. Data published recently revealed the number of single over-65s living alone …
How could equity release benefit retirees living alone? Read More »
If you are thinking about purchasing or borrowing against, a Buy To Let property, it may be in your interest to learn more about your Buy To Let equity release options. Buy To Let Equity Release schemes have been put in place for landlords who are looking to extend their Buy To Let investments, …
Can I use a lifetime mortgage to release equity from my buy to let property? Read More »
Getting a Buy To Let mortgage as an older borrower can be more difficult but it’s definitely not impossible. There are a number of influencing factors and different lenders will have their own criteria that need to be met but we are here to help you. Find the right mortgage deal for you. …
Not only does debt consolidation simplify your monthly budget, it could save you thousands in interest charges. But, there are a few things you should know before you start consolidating your debt. WHAT IS DEBT CONSOLIDATION? Debt consolidation is when an individual takes out a single loan to combine and payback multiple debts. …
A mortgage broker is a financial adviser who offers advice to those specifically looking to take out a mortgage. When purchasing a property, using a mortgage broker is highly recommended and could save you a lot of time and money. THE BENEFITS OF WORKING WITH A MORTGAGE BROKER: Mortgage brokers do not work for the …
Taking out a Lifetime Mortgage is a big decision, which is why it’s always worth talking to a mortgage advisor to make sure you choose a route that’s best for you. A Lifetime Mortgage could free up equity for you from your home without you having to downsize. Lifetime Mortgages have become a popular way …
What should I ask my mortgage advisor about Lifetime Mortgages? Read More »
Research carried out by the Equity Release Council found that single women over 55 accounted for 25% of new equity release (including lifetime mortgages) agreements. This was an increase of 50% compared with figures from 2017. According to Canada Life Home Finance lifetime mortgages are growing in popularity amongst women in order to ensure a …
Why are more women interested in lifetime mortgages? Read More »
Did you use a broker last time you took out a mortgage? According to a recent study by Legal & General Mortgage Club, 31% of home borrowers are going direct to a lender and didn’t know that a mortgage broker could help with their search. Further to this their research found that 69% of borrowers …
We’ve seen the terms Equity Release and Lifetime Mortgage used interchangeably a lot recently. So we put this article together to clear things up for you. Put simply, Lifetime Mortgages are a particular type of Equity Release. Equity Release refers to a range of products available that let you access equity (cash) that’s tied up …
What’s the difference between equity release and a lifetime mortgage? Read More »
