What is Equity Release & How Does it Work?
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- เผยแพร่เมื่อ 31 ธ.ค. 2024
- Equity release | What is it and is it right for you?
#equityrelease #over55 #mortgages #danosman #moneymantv
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Equity release is a financial product that allows homeowners, typically those over 55, to unlock some of the value tied up in their property without having to sell it. This can provide a lump sum or regular income, helping to fund retirement or other expenses.
Equity release certainly isn’t for everyone and that is why it is always crucial to speak with a company like UK Moneyman that offer a truly holistic over 50s lending approach.
Chapters / Timestamps
00:04 - Two Main Types of Equity Release
00:09 - Home Reversion Plan
00:18 - What is a Home Reversion Plan?
00:51 - Lifetime Mortgage
01:15 - How does a Lifetime Mortgage Work?
02:11 - Why Speak to a Laterlife Advisor
03:10 - Contact Details
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Disclaimer
All views are purely that of Malcolm Davidson & do not constitute professional mortgage advice. Moneyman TV provides video coverage of the Mortgage Industry with the purpose of informing the consumer.
Topics covered refer to popular mortgage situations presented by real customers on a regular basis, including first time buyers, remortgages, home movers and many more.
UK Moneyman Limited is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited registered in England, registered number 6789312 and registered office 10 Consort Court, Hull, HU9 1PU.
