Why Equity Release needs to be a carefully considered decision

It’s predicted that the number of retirees accessing wealth locked in property through Equity Release could rise, but it’s not always the right decision to make. On the face of it, taking wealth out of your property can seem like an easy decision to make but it can have serious financial implications and it’s one that needs to be carefully weighed up. First, what is Equity Release? It’s essentially a range of products that allow you to take a loan secured against your home. There are two types of products ...

Equity release to buy Christmas presents? No thank you!

iStock_000011103880XSmallSummer only just seems to have ended, but take a walk around any supermarket and you’ll find aisles stocked with all types of Christmas goodies, from selection boxes to decorations, cakes to presents. Whilst we are growing immune to Christmas starting three months earlier than it used to, we didn’t expect to see one leading national newspaper, as well as a firm of Independent Financial Advisers, both promoting Equity Release as a way of being able to buy Christmas presents for your ...