Many people want to opt for the safe haven of equity release schemes after their retirement because they want to make use of the money that has been invested in the property. It is important to carry on some research before embarking on a particular equity release scheme, as the variety of schemes might baffle you initially. In order to get a thorough outlook, it is necessary to compare equity…
Lifetime Tenancy Agreement
If you are 55 or older, of retirement age, and you are considering options to increase your finances then equity release is an interesting option to consider. You might be asking yourself, though, how does equity release work? Well, here is a basic idea of how it works.
Equity release schemes are plans that allow you to raise money from your current home by releasing some or all of the equity.