Tuesday, July 01, 2008

Equity Release: What is it?

Equity Release is a way of people over 55 to release money from their property to give them more money in retirement.

There are 2 main types
  1. Lifetime mortgages
  2. Home Reversion
It is heavily regulated these days and has a trade body (SHIP)

Equity release is available through specially qualified Financial Advisers. My company AP Financial Services & I have the necessary permissions.

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