Taking out a ‘lifetime mortgage’ on your home might seem like a helpful notion,but there is a downsideUsing your home as a cash machine to assist fund your retirement is becoming an increasingly mainstream option. It emerged this week that schemes which allow older people to unlock some of the value tied up in their property are enjoying record take-up. So should you take the plunge?Before you judge approximately equity release, consider all the alternativesContinue reading...
Source: theguardian.com