Browsing: Lifetime Mortgage

What You Should Know About Home Reversion Plans

A home reversion plan is a type of release scheme whereby a home owner can sell a certain percentage of their home in exchange for…

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Halifax Retirement Home Plan an Equity Release Scheme To Safeguard Your Future

Do not be intimidated or confused by the name ‘Halifax Retirement Home Plan’. This is just an interest only equity release lifetime mortgage scheme that…

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How Does The Halifax Retirement Home Plan Mortgage Work In Practice?

In essence, the Halifax Retirement Home Plan is a conventional mortgage but with a twist. Whereas, traditional mortgages finish once normal retirement age commences, the…

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What Are The Typical Costs to Set Up an Equity Release Mortgage?

For many people, an equity release mortgage is a good solution to cash flow issues later in life. This kind of financial scheme allows you…

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What are the Disadvantages of Equity Release Schemes?

For a lot of people, equity release is the answer to insolvency during the later years of life. Once the land registry has been duly…

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Pros and Cons of Home Reversion Plans UK

Home reversion equity release plans take up about 2% of the entire UK market, with financial analysts expecting them to grow in popularity over time…

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