Unable to repay your interest only mortgage?
The Financial Conduct Authority (FCA) recently estimated that there are around 2.6 million people with interest-only mortgages in the UK. These figures excluded buy-to-let mortgages. A lifetime mortgage may be the answer for some? To [...]
As an Equity Release Adviser, the top 3 questions asked.
By John Cossons, Equity Release Adviser. As an Equity Release Adviser, when I first talk to clients about equity release they generally have three main concerns. I don't want to lose ownership of my house. [...]
Housing equity withdrawal could be the answer?
Recent figures from the Equity Release Council show that a total of £3.92 billion of housing equity was withdrawn by older homeowners in 2019. What is the most popular plan? The most popular product amongst [...]
Equity Release Council claims demand is strong
Recent figures produced by the Equity Release Council shows that consumers are taking advantage of record-low rates. First of all, consumer demand continued to grow as older homeowners recognised the crucial role that property wealth [...]
Divorce: How we can help you.
First of all, going through a divorce is never easy. However, taking sound independent financial advice early on can make a real difference. For example, a split where one party gets the home and the [...]
Lifetime Mortgage. Should you re-mortgage?
By John Cossons, Equity Release Adviser I have recently completed an Equity Release re-mortgage for a client who took out a plan 12 years ago. This was at a time when Lifetime Mortgage interest rates [...]