One way to pay off your mortgage in retirement is to capitalise on the equity of your home, rather than just watch it build up on paper. Many people are now expecting to retire in debt, as we are buying homes later in life and building up years of credit card or...Read more
Category: Equity Release Loans
I want to top up my retirement income and heard equity release might be an option – is it safe, and what’s the best way to do it?
Question: My husband and I are retiring next year and we don’t think that between us, our pensions will provide us with enough income to keep up with our lifestyle. We don’t need a big top-up but we’re considering equity release as we paid off our mortgage several...Read more