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Equity release schemes

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Comments

  • Comyface
    Comyface Posts: 670 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    Martin has recently commented on Equity Release and I agree with what he says.

    http://www.moneysavingexpert.com/tips/16-06-2010/
    Are the words 'I have a cunning plan' marching with ill-deserved confidence in the direction of this conversation? :cool:
  • GDB2222
    GDB2222 Posts: 26,333 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Comyface wrote: »
    Martin has recently commented on Equity Release and I agree with what he says.

    http://www.moneysavingexpert.com/tips/16-06-2010/

    All sensible advice there, especially "Explore downsizing instead. For many, a cheaper alternative is to downsize (move to a smaller home). So explore this, but do it sooner - anecdotally, while many feel up to moving in their sixties, after that a disinclination to move sets in so it's much tougher."
    No reliance should be placed on the above! Absolutely none, do you hear?
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