answersLogoWhite

0

Equity Release otherwise known as home income plans enable homeowners to get some money back from there propertys to spend however they want too. Some advice is dont take risks that are not necessary, some dont offer the guarantee you can stay in your home so make sure you find one that does. If you cant understand a contract do not sign it. Seek professional advice if all goes wrong dont suffer in silence get in touch with the FSA.

User Avatar

Wiki User

12y ago

What else can I help you with?

Related Questions

Can you get equity release when you have a mortgage?

Equity release is re-mortgage plan that makes it possible to release equity on a mortgaged property. But, as soon as the equity amount is paid, you have to clear all the outstanding mortgages on your house. There are some equity release providers who deduct the outstanding mortgages from the value of your house to repay the loan.


What is some advise on matters of equity release for a possible dispute on a deceased family members property?

For the type of advice you seek, it would be best if you conferred with legal counsel of your choosing where you can lay out the entire scenario in detail for them.


What are some good private equity jobs?

There are many good private equity jobs out there. These typically are either that related to that of a financial analyst, computer programming or managment.


What is an equity release classified as?

An equity release may be better known to some as a reverse mortgage. So it would basically be classified as a loan. You are given money according to the equity in your home and it is generally paid back upon death by your estate.


What does equity release schemes mean?

Equity release schemes are used when someone is looking to earn some cash. They simply use their property to secure the cash, while still getting to use the property.


What is a positive advice?

good advice - know that everything always happens for some kind of reason , good or bad.


Example of owner's equity?

Say if your mom was a good in my store, and I sold your mom, then that would affect the owners equity. If your mother was a good hooker and I made an investment in her vagina to make me some money, and she makes revenue off of that... That would affect the owners equity.


What is some good beauty advice?

You can find some good beauty advice at your local beauty salon. They can help answer your questions and give advice in there area of expertise. And beauty advice will differ a lot by decades since the products we use change a lot over the decades.


What is some good small business advice?

Some good advice for small businesses is to know your market. Get to know who you're selling to and what they need from you. You can't afford to annoy your customers.


What are some reliable home equity lenders in the Boston area?

There are a number of reliable home equity lenders one could use in the Boston area. Wells Fargo have a good reputation and offer home equity loans. Mortgage Equity Partners and Citizens Bank also offer home equity loans.


What are some good home equity loan lenders?

All of Canada's national banks are good home equity loan lenders. For example, RBC, BMO, TD, Scotiabank, and CIBC provide this financial product for customers.


How can I get good advice on this situation?

In order to give good advice, I would need to know more details about the current situation. If there were more information listed, I would be happy to offer some advice for it.