Equity Release can affect means-tested benefits, as the released money may impact eligibility for certain benefits. The impact varies depending on the amount released and the specific benefit. Here’s a simple breakdown of how Equity Release can affect benefits: It’s important to note that seeking professional financial advice is highly Read more…
As part of their Autumn Statement, the government announced that the 95% Mortgage Guarantee Scheme has been extended until the end of June 2025. In the full Autumn Statement document, the government announced that it “will extend the scheme for an additional 18 months until the end of June 2025 to Read more…
The two eligibility rules for Equity Release that are most often cited are that you need to be over age 55 and be a homeowner. And that is quite correct. However, there are a number of other factors that are also taken into account by a lender when deciding whether Read more…
Shared Ownership is a unique way to buy a home that combines buying and renting. It’s designed to help people who can’t afford a full property purchase. Here we deal with some of the most common issues surrounding Shared Ownership: Shared Ownership makes home ownership achievable for many, offering an Read more…
After spending a good amount of time in your home, you might be thinking about some home improvements to make it more comfortable and enjoyable.
An Accident, Sickness & Unemployment (ASU) policy is a plan that helps you keep your money safe when unexpected things happen. Lots of studies have found that the three main things that can stop people from making money are accidents, getting sick and losing their job. So this policy is Read more…
Receive a lump sum of tax-free money. The money you take is your own money that just happens to be tied up in your home.
Are you getting ready to stop working and retire, but you are concerned about how you can repay debt in retirement?
Lifetime Mortgages are increasingly being used to fund methods of making a property more energy efficient.
The Government has made a commitment to make leasehold agreements “easier, faster, fairer and cheaper.”