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Showing posts from July, 2019

What are the alternatives to equity release

There are a variety of alternatives, such as downsizing to a smaller property or moving to a less expensive area, using economies, borrowing in the form of a loan or by asking a friend or family member.  These Are A Number Of The Alternatives To Equity Release:  • Savings, investments or other assets which might be drawn on  • Downsizing your property or moving to a Less Expensive area to get some equity from your home’s value (even though the cost of moving and agency/legal charges should be thought about)  • Continuing in, or returning to, compensated work to top up your income  • Letting out a space within your house to a tenant  • Accepting financial assistance from a comparative or a buddy may be an option, although it's understandable that some would prefer not to have to ask to borrow money from family members.  • Organizing a traditional mortgage  • Looking in to Local Authority home improvement grants  • Ensuring All your entitlements to mean