The money you can attain by using equity release is a tax free sum. It can be used on any number of expenses during your retirement. You might use it to pay off your debts, repay a mortgage, or take that once in a lifetime holiday around the world. How you use it is of little concern to the equity release company. They are more interested in their profit based on your ability to repay t…
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Lifetime Mortgage Calculator
Using a Lifetime Mortgage Calculator for Pension Supplement
For many people aged over fifty-five, the prospect of surviving on their pension can be pretty bleak. However, for those who own their own home, equity release can provide an excellent way to supplement their pension income and allow additional funds for purchases, investment or planning for the future. Lifetime mortgages are the most common form of equity release and these types of plans can…