Thinking about equity release?

November 12th, 2009 No Comments   Posted in Mortgage Loan Calculator

If you are thinking about equity release, perhaps you should make the most of all the free equity release advice available on the internet. A quick search will find various sites such as Unbiased, Responsible & In Retirement Services. A lot of them offer free guides, eligibility calculators and the interest rates of the day. Make sure you understand the difference between home reversions, equity release schemes and lifetime mortgages. There are often in-depth discussions about the need to incorporate some sort of SHIP protection before proceeding. If you go with a major provider, this will almost certainly be the case as they will be members of SHIP. Remember, although equity release can seem complicated, it really isn’t.

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