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Reverse Mortgage

clay001 · 2008-01-13 15:22:24

Hi, does anyone know of these reverse mortgages? yes we are in deep do doos. wife found an advert in sunday paper for one and it looks like a way out without being reposesed. Are they legit or should we not touch with a barge pole???? Thanks in advance Clay

Comments

payless Posts: 6,957 Forumite

14 January 2008 at 9:33AM

Sorry but as you site does include a link to your contact details , it would not normally be allowed to be posted - you may however add a homepage link in your profile.

In UK the term " equity release" is more common... in fact I have seen term "reverse mortgages" used ( incorectly?) in uk to describe sell and rent back deals

By the way did you know you you a lot like Shaun Williamson ( Barry from Eastenders- major UK soap !!)

Any posts on here are for information and discussion purposes only and shouldn't be seen as (financial) advice.

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