We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

lifetime mortgages

2»

Comments

  • MerrilyA
    MerrilyA Posts: 74 Forumite
    It would be useful to speak to a mortgage adviser who can let you know of the various options available to you.

    There are companies regulated by the financial conduct authority that can buy your home and rent it back you. This is one option and there are others.

    The mortgage advice bureau may be able to offer some assistance as well.
  • WillowCat
    WillowCat Posts: 974 Forumite
    Part of the Furniture 500 Posts
    Would the equity be enough to consider a shared ownership scheme? That would give you the security of tenure, something to pass on to any heirs and if you have little or no other capital you may be eligible for housing benefit for the rented portion.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 353.8K Banking & Borrowing
  • 254.3K Reduce Debt & Boost Income
  • 455.2K Spending & Discounts
  • 246.9K Work, Benefits & Business
  • 603.4K Mortgages, Homes & Bills
  • 178.3K Life & Family
  • 261K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.