Which Equity Release Scheme Will Release the Most: Home Reversion or Lifetime Mortgage?
Deciding which equity release scheme works best for you, depends on your individual needs and circumstances. There are no fixed rules as to which type of equity release is better than the other, as what works for one person may not work as well for someone else. For instance, protecting the equity in a home […]
Read MoreKey Facts in Choosing a Home Reversion Scheme
Home reversion is a form of equity release scheme which allows you to continue living in your house while accessing the equity built into it, in the form of a lump sum. By undertaking a release of equity from your home is an important decision that has life changing implications, and as such, it is […]
Read MoreWhen is the Best Time to Apply For a Home Reversion Plan?
There are many factors to consider when applying for a home reversion plan. In order to understand the best time to apply for home reversion, it is necessary to understand how home reversion plans actually work. A home reversion plan is an equity release scheme that allows you to tap into the equity or value […]
Read MoreIs Home Reversion a Good Way to Pay Off My Debts?
Releasing equity from your home is an important decision, and as such, all care must be taken to understand the implications of any scheme or plan fully before signing up for it. Equity release plans are generally near impossible to undo once you have signed the contract, so it is important not to rush into […]
Read MoreAdvantages and Disadvantages to a Home Reversion
Home reversion is a type of equity release scheme, where you can sell the value of a portion of your property in exchange for cash. The main attraction of equity release schemes is the fact that you can have access to the equity built into your home without having to sell your property and move […]
Read MoreIs Home Reversion a Type of Equity Release Scheme?
Home reversion schemes requires the owner to sell part or all of their property. The capital given in this scheme can be a greater lump sum offered by their counterparts – the lifetime mortgage. It is a common misconception that the property is valued at lower than normal. However, the valuation should be undertaken & […]
Read More