Tag: Equity Release In The UK

Yoga For Children

Calculating Your Equity Release

Creative Ways to Fund Retirement: In-Depth Look at Equity Release

In a time when the unemployment rate is at an all-time high and many people are struggling to make ends meet, it is important that we explore every option for retirement. One of those options, equity release in the UK, has been available for over ten years now. It’s something worth considering if you want to ensure you’re getting the best deal possible on your retirement plan.

The first thing you’ll want to do is figure out how much money will be available for your retirement. The math behind the numbers might seem intimidating but with a little bit of guidance, it’s not that difficult to work through and get an estimate of what you need in order to live comfortably during retirement.

Equity Release In The UK

Next, we can talk about equity release in the UK itself. Equity Release offers people who have been unemployed or retired for some time one more option when it comes to repaying their mortgage debt while ensuring they are still getting all their needs met each month such as utilities, health care insurance costs etc… By leveraging property equity at today’s low interest rates (as opposed to paying high monthly payments on mortgages), you may find yourself with a much larger retirement fund than you would have thought possible.

One of the best things about equity release in the UK is that it’s not just for people who are retired or unemployed, anyone with substantial home equity can qualify to take advantage of this service and reap all its benefits.

A few more points worth considering: Equity Release costs only 0% interest on funds borrowed as opposed to high monthly payments on mortgages; You may be able to borrow up to 50% (or more) of your property‚Äôs value without impacting any other assets such as investments, pensions and even inheritance from parents/in-laws etc…