Equity Release Schemes Explained and How They Can Help Retired Homeowners Improve Their Lifestyle

The essential feature that all types of equity release plans should have in common is that they are members of, or subscribe to the rules of 'SHIP'

. This stands for Safe Home Income Plans. The most fundamental rule is that the equity release scheme should never expose the home owner to risk of losing the right to live in their property for life. To calculate the potential risks to an equity release life time mortgage and make comparisons with the home reversion scheme alternative simply access free risk and comparison tools.

Equity Release Schemes Explained and How They Can Help Retired Homeowners Improve Their Lifestyle

By: shaun dalton

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