Equity release is the action of releasing money from your mortgage, if you owe less than your house is worth. For example, if you have a £200,000 house, and have been paying your mortgage down to £120,000, you have £80,000 of equity on the house. Even more if during that time, your house… Read more
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Deciding the best moves for your dollar
There’s a lot of financial advice floating around – some good, some bad. And if you’re not a financial guru, knowing the right direction can be challenging. Fortunately, there are often multiple ways to achieve the same goal. You may receive advice from different directions, but at the end of the day you have… Read more
Refinancing might not solve your problems
Refinancing the mortgage on your home may seem like a helpful solution to managing your debt, but it is a rather complex and costly process. Only certain financial circumstances are likely to improve from refinancing, so you need to make sure you fit the bill before going ahead with this serious decision. In many cases,… Read more