Equity release, if described naturally, is getting the lifetime mortgage
on your house. By doing so, you receive the lump sum cash amount equal
to your house value. This insures a steady stream of income. It must be,
however, keep in mind that the income provider must be later repaid
that amount. Applied to people over the age of 55, equity release is now
UK’s fastest growing financial service.
All equity release providers
are now regulated by the Financial Conduct Authority (FCA) thereby
ensuring consumer protection. Additionally, there is an Equity Release
Council (ERC) which provides equity release specialists and advisors.
With all your doubts covered and such baseless myths covered, we believe
that you are now not only more aware but better informed as well. To
know about other details about equity release. You can now head straight up to your
consultant without the fear of losing your house, money or both.
Tidak ada komentar:
Posting Komentar