in Mortgages & endowments
4 replies 897 views
My wife & I own a new-build apartment (no mortgage). Our only beneficiary has just died, leaving us sitting on a large slice of equity. Apparently, because of the service charge, nobody is willing to consider equity release schemes. Any ideas as the where we go from here, please?
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We have downsized, and that is why we find ourselves in our current situation. As we are both elderly we moved here for the security and peace of mind that this type of development offers.