I hope this will help people thinking about releasing equity. I recently went through the process and managed to release a lump-sum of cash which I used to pay off the rest of our mortgage and also pay for a holiday to see my children over in Australia. Something that really helped me make my decision was having the ability with the plan we chose, to guarantee a certain amount of inheritance to our children so that they get something when we are gone. It has definately helped improve our lifestyle with reduced outgoings every month, and helped keep our minds at rest, not worrying about money so much now.
I hope this helps, definately look into equity release as it has helped us invaluably.
Sounds good when you put it like that, but are you genuine or has an equity release company put this in, it's so difficult to know,
The impossible I can do today, miracles take a little longer!
Dear Stattovic,
EquityReleaseForum.org was created to provide a space for the general public to use as a place for open discussion on equity release, as such all the comments on the site are posted by the general public.
The only comments on the site posted by an equity release company are situated within the 'Ask and Advisor' section where you can ask any question you may have to a fully qualified equity release specialist from Age Partnership.
These comments can be distinguished by looking at the signature used, and if they are an advisor it will state this.
I hope this answers your question, and Merry Christmas from equityreleaseforum.org,
Kind Regards,
Vicki Joint
Victoria Joint
Administration Manager
EquityReleaseForum.org