Why you need a Lasting Power of Attorney?
No one likes to think about the worst but being prepared not only enables your wishes to be carried out when you are unable to communicate with them, but it also protects your family and friends from emotional distress by allowing them to know what to do and giving them the power to do it.
How much income do you expect from your pension?
Did you know, research from older homeowners are predicting they will need an annual retirement income of £35,300 (Source PLSA) to live comfortably. With a minimum of £12,800 just to cover the basics as a single person. Can I Find out how much I can Expect from my Pension? Discover about your pension…
Is Equity Release safe?
Equity release is a financial product that allows eligible homeowners aged 55 and over to release some of the equity built up in their property without having to move home or commit to monthly repayments. […]
Can I be Refused Equity Release?
Can you be refused equity release?
Yes, you can be refused equity release if you don’t meet the eligibility criteria. For example, if you are under 55 or have insufficient equity in your home. Also, because the property needs to be sellable at the end of the scheme, you may be refused if it has structural or subsidence problems.
How much does equity release cost?
When it comes to equity release, one of the most common questions we get asked is how much does equity release cost?. What most people usually mean by this is what are the interest rates. It’s important you understand the costs and how interest rates work before going ahead with your recommended plan.
