Education, Empowerment and Support
Welcome to the first of many Blogs on the Advice Guru website explaining key aspects of Later Life Lending. In this Blog, we will be delving into the world of equity release. This concept might seem complex at first, but … Continued
Equity Release criteria often confuses many people. Homeowners over the age of 50 are able to release funds from their property, however many false narratives and rumours have grown about Equity Release over the last 20 years. This is largely … Continued
‘Well, I think to use very good mortgage broker who explains everything to you to possibly find solicitors who are a little bit more hands on, a little bit more friendly, a little bit more helpful, I think on a personal level, not just professionally, because I’m sure they’re extremely good in what they do. But I was under the impression that everybody got an equity release mortgage when they were buying another property. But that isn’t the case, is it? This is quite unusual, from what I gather.’
In the continued success of the new Advice Guru website, our Managing Director, Stuart Powell was interviewed this week. This was for an article about modern Later Life Lending. Stuart spoke with Helen Crane, Deputy Editor of the Mail Online … Continued
Equity Release can potentially impact means-tested benefits. Receiving a lump sum or regular income from an equity release plan may affect your eligibility for certain means-tested benefits, as they are typically based on income and assets. However, there are equity … Continued
Yes, it is possible to use equity release to pay off your existing mortgage. With a lifetime mortgage, for example, you can release funds to repay your outstanding mortgage balance. This can help alleviate financial stress by removing the burden … Continued
Yes, it is possible to release equity from a buy-to-let property through certain equity release providers. However, not all providers offer equity release on buy-to-let properties, and the eligibility criteria may differ from those for residential properties. The value you … Continued