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Category Archives: Equity release
Equity release: Can the family play a part in the process?
The number of clients using equity release to repay debt, or to repay debt on behalf of someone else, is increasing. Over 40% of all equity release transactions now include some aspect of debt consolidation. Given this upswing, should children or beneficiaries be involved in the process? Continue reading
Posted in Debt, Equity release Tagged beneficiaries, debt, debt consolidation, equity release, families Leave a comment
Equity release: Making the most of a debt-free retirement
Those people who are lucky enough to own their homes could now consider equity release as a possible solution to meet this shortfall, to provide them with the money required to enjoy their retirement. Continue reading
Posted in Debt, Equity release Tagged debt, equity, equity release, mature debt, money shortfall, retirement Leave a comment
The debt generation are getting older
Independent research published by CCCS today has found that middle aged and elderly people will be increasingly affected by personal debt over the next few years. The research is contained within a report entitled CCCS Consumer Debt and Money Report … Continue reading
Posted in Debt, Equity release Tagged cccs report, debt, debt advice, debt help, middle aged, oap, older people, research Leave a comment
Are adult children the cause of their parents’ debt problems?
Equity release is often an emotive and controversial subject. Having worked all our lives to clear our mortgages, it is understandable why we would find it difficult to accept having to place another loan on, or perhaps even having to sell a share of the family home. Children are also sensitive to anything which may impact upon any future inheritance. Continue reading
Posted in Debt, Equity release Tagged bank of mum and dad, cccs, cccser, debt, equity release, inheritance Leave a comment
