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Equity Release

seven-day-weekend · 2006-09-30 20:34:38

I've heard some horror stories about equity release schemes. However, I'm wondering if it could help us in the future. We have a house in the UK, mortgage -free (worth around £160k-170k). We also have a house in Spain, mortgage-free. However we don't have a lot of income. At the moment we have around £9.5k a year (one of…

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seven-day-weekend Posts: 36,755 Forumite

9 January 2007 at 10:04PM

We are in a village in the Sierra Nevada mountains, in an area called the Alpujarras, in Granada Province.

Have you seen this thread? - you may be interested!

http://forums.moneysavingexpert.com/showthread.html?t=94140

(AKA HRH_MUngo)
Member #10 of £2 savers club
Imagine someone holding forth on biology whose only knowledge of the subject is the Book of British Birds, and you have a rough idea of what it feels like to read Richard Dawkins on theology: Terry Eagleton
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Equity Release

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