Can You Transfer a Lifetime Mortgage to Another Property?

Lifetime mortgages, a form of equity release, can be an option for homeowners aged 55 and over. A lifetime mortgage allows you to release equity from your property without having to move or make monthly repayments. But what happens if you want to move house after taking out a lifetime mortgage? Can the loan be […]

Lifetime Mortgage

The image depicts a mature couple, potentially discussing their future, including financial planning aspects like a lifetime mortgage. Seated comfortably together on a light gray sofa in their modern, well-lit living room, the setting includes a kitchen in the background. The woman, dressed in a light cream sweater and beige pants, leans towards the man who is similarly dressed in a light gray sweater and pants. Both appear relaxed and content, symbolizing stability and comfort, which might be supported by sound financial planning such as a lifetime mortgage.

How to Release Equity from Your Property Using a Lifetime Mortgage Releasing equity from your property through a lifetime mortgage can be an option for homeowners aged 55 and over. A lifetime mortgage allows you to unlock cash without needing to sell your home. In this article, we explore what a lifetime mortgage is, how […]

Weighing up the Pros and Cons of Equity Release versus Downsizing.

Image of elderly couple weighing up the pros and cons of equity release versus downsizing.

Making an Informed Decision in Retirement         As homeowners approach retirement, they could find themselves facing crucial financial decisions. If you find yourself considering equity release it is likely you will have considered downsizing to a smaller property in order to free up equity tied up in your property.  Both equity release and downsizing can unlock […]