Monday 11 March 2013

Into the financial ignominy: Release equity from your property


image courtesy: http://goo.gl/MQT2A



If you are under fatigue or constant urge to live in the solitude has over-gripped you, symptoms show that you suffering from the poverty disease. No need to panic, there are many person of same age as yours, who are living their life in the same way. However, some have overcome the dastard situations whereas few are still reeling under the pain. 

The curable disease has an able medicine in the form of assets. Yes, your assets can be a vital factor in making your life as comfortable as earlier. Have you ever given a thought on what compels retired persons to live a life in financial ignominy? 

Certainly, pension plans and unfavourable financial plans are the correct answers but there is more into it, lack of knowledge might be a leading factor to elongate your sufferings. If you would have gone by the proper retirement planning, in all the possibility, you could have eluded this phase from your life. 

But, still you have a chance to correct your previous wrong-doings. With equity release schemes, you can start a new life afresh. For that, you need to be at least 55 years old and own a property in the UK. 

Have you still got an idea? Yes, equity release is all about mortgaging your property, but unlike other types of mortgage plans, where you need to vacate the house prior to third party possession. Equity release offers you several unique and unprecedented benefits, some of which are

·         Right to retain the ownership of house
·         No monthly re-payments
·         Tax free money
·         No tab on the way to use the money
·         Guarantee of no negative equity
·         Chance to live inheritance
·         Flexible products at affordable interest rate
·         Well regulated products

Are you baffled? If yes, get in touch with equity release advisors to get complete idea on the equity release schemes. As they are experts on this matter, so avail you the exact opinions regarding various schemes.
Financial advisors offer to calculate the worth of your property on the equity release calculator. Calculating your age and value of property, equity release advisors let you know of the equity release UK plans best suited to you. 


Finding a good service provider is tough in the market, as there are more than 250 service providers available in the equity release industry. A reputed financial adviser will make you abreast with the virtues of certain services providers, clinching a beneficial deal with them depends entirely on your will.