Taking out money in your home when in retirement is still possible, although the products are different from what you may have had in the past. When you reach the age of 55, you can begin to search for equity release products called lifetime mortgages or home reversion. These two products allow you to take […]
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Being in the life insurance or lifetime mortgage business means that you have a tough sale to make and even more explaining to do when it comes to approaching potential clients. No one likes the idea of having to pay for yet another insurance policy when faced with so many expenses as it is on […]
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An equity release is when you retain the home you’re living in while receiving a lump sum of cash from the value on the home. There are many equity release schemes available, such as an interest only lifetime mortgage, home reversion, and roll-up lifetime mortgage. With each of the equity release schemes, the homeowner can […]
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