Category: Equity Release

Equity Release can be confusing if you don’t know how it works and what it means for your property. Home ownership, eligibility, and what happens after you pass away are all elements you will want to learn more about before you start thinking about taking out a plan.  

Before committing to an Equity Release Lifetime Mortgage, it is vital to understand how the interest is charged. Interest will make up a significant portion of the debt as it accumulates, so you need to have all the information necessary to make an informed decision about what kind of plan is right for you. In […]

A Lifetime Mortgage is a way to release money that is tied up in your home. It works as a loan that is secured on your home, which is only repaid after you pass away or go into long-term care. It can be a helpful option for many homeowners who wish to receive a sum […]

There are a number of things to look out for when searching for the right Equity Release provider, and being aware of them is a vital part of the process.   Working with a trusted adviser is the only way to get the right advice at every stage of the process. Contact Bower today and speak […]

If you’re looking to release equity but aren’t sure whether the type of home you live in fits the criteria, we’ve compiled some useful information. 

Equity is the difference between the current market value of your home and what you owe on it. By releasing equity, you can obtain a lump sum of cash that can be used for renovations, or other important purchases. So, is now the right time to do it? In this current market, there are several […]

A lifetime mortgage is the most popular type of equity release product that allows you to access the tax free money tied up in your home without having to move and also to retain ownership of your home. It works by allowing you to borrow a lump sum or set amounts over time against the […]

Equity Release is a useful way to boost your retirement life, but it is important to consider the pros and cons before entering into this type of agreement. In this article, we’ll look at the advantages and disadvantages of equity release.     The primary benefit of equity release is that it allows you to access money […]