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Equity release

chickengill
Posts: 1 Newbie

Have a house valued. £1000000. Would like to release 250000 to,help our children. Have spoken to them but not sure if this is a good idea
my husband and I are in our 70s. Has anyone any help or comments please.
my husband and I are in our 70s. Has anyone any help or comments please.
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Comments
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Article on the main site
https://www.moneysavingexpert.com/mortgages/equity-release/
and the first (best in many cases) advice isAlways consider downsizing first
link to the existing thread on the forum
https://forums.moneysavingexpert.com/discussion/5860953/equity-release-guide-discussion/p1
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