Key equity release

The number of older people taking cash out of their property at retirement has hit a record high. We look at the pros and cons. Last year, homeowners withdrew over £3bn through equity release products, according to data from the advisers Key Retirement.

Releasing wealth from property is the key to maintaining your wealth during retirement. Use the Telegraph equity release calculator to unlock .

You can take the money you . An overview of the equity release process for consumers. A description of situations which equity release could help with. Put simply, equity release enables those aged between and to access some of the cash locked in the value of their homes.

The loan plus interest is repaid . Equity release is a means of retaining use of a house or other object which has capital value,. Freeing up cash from property wealth could help you buy dream a coastal holiday home.

Nearly years ago I told the first of many clients that equity release was not right for them. Advisers have criticised an equity release advertisement by Key Retirement Solutions that appeared in The Telegraph newspaper as being . The latest research from Key Retirement shows a further growth in the Equity Release market. The service and personal attention we received from Key Retirement and Steve Crawshaw made the whole. Learn about Equity Release ( Key Retirement).

Join LinkedIn today for free. See who you know at Equity Release ( Key Retirement), leverage your professional . There are two types of equity release plan: Lifetime Mortgages and Home Reversions. Bricks and mortar: Key watch-outs for equity release product ads. We cover the different types of scheme and the key factors to consider.

Safe Homes Income Plans has predicted that the impending crisis in elderly care funding will force equity release into the . Deciding on whether equity release is the right option for you, and explaining the. The key differences between these types of plan are explained below: . Dean Mirfin, chief product officer at Key Retirement, said that gifting is a “major motivation” for equity release , adding that it is more often a case . An equity release scheme can provide a cash lump sum that can be used.

They allow you to release the . One key aspect of lifetime mortgages is that they allow you to maintain 1 . We highlight some of the key considerations when thinking of equity release. Our partner Key Retirement, can help you find out more. Learn more about different equity release plans and how equity release schemes. There are three main products that Key offer: equity release , retirement income and estate . Key Partnerships is creating .