Equity release is the way you release money from the value of your home!
Equity release is the way you release money from the value of your home. How you release these funds is vital in ensuring your future is secure so advice is always required in Equity release calculator tranactions.
Equity release is predominantly utilised by the retired and is becoming an important part of retirement planning, either being used to provide an income or a lump sum to make retirement more comfortable or exciting.
Equity Release schemes available are split into two types; lifetime mortgages and home reversion plans. With lifetime mortgages you take out a loan secured against your home and home reversion schemes involve selling all, or part, of the ownership of your home.
Which type suits you best is really down to your personal situation but advice should be sought.
