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Benefits always exist for financial tools that help you make a decision; however, there will be disadvantages too. Understanding the tool such as the Aviva equity release calculator will help you determine whether it is a tool you want to use or if you need an independent equity release calculator. Why Aviva? Aviva is a […]
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A person who is over the age of 55 can receive money from their home to spend any way that he or she wants. The basis of this transaction is called an equity release mortgage. There are two main equity release plans, which are home reversion and lifetime mortgages. How to release equity from your […]
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06 Feb '14
If you are considering equity release, it is important for you to understand that you are making a serious financial decision that should be handled with the care and attention such a large decision deserves. You need to approach it in the right way if you want it to be rewarding and beneficial. So before […]
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06 Feb '14
Equity release schemes used to have a bad image as they were related to those who did not put enough money away for their golden years, forcing them to use assets, like property, in order to continue living according to the standard which they were accustomed to. This was often seen as selfish and as […]
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If you are thinking of applying for an equity release scheme for the first time, you may not be familiar with the requirements of the process, or how long it might take. The processing period heavily depends on you preferred equity release scheme. For a lifetime mortgage, the process may take from 6-8 weeks, and […]
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