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Equity Release

EQUITY RELEASE

We took out an Equity Release plan some 7 years ago, and it has been splendid! It solved many of my problems (following a disastrous investment).

However, I believe the advantages and (particularly) the disadvantages MUST be clearly understood before signing anything.

If anyone wants to ask me anything about this, I would gladly and honestly respond.

Mike Phillips, Leeds

Comments

  • Sue-UU
    Sue-UU Posts: 9,701 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    ixwood wrote: »
    Quick question.. Are you a low down, ugly, scheming toad?

    Wherever is the need for such a horrible, insulting and totally uncalled for question ixwood? To my mind Mike, through his own experiences, is trying his very best to help others and this sort of thing is what the board is all about. I think it's so good when members bother to take the time to help others, but people leaving remarks such as yours will soon stop them bothering in future and we'll all miss out!!! Sue
    Sealed Pot Challenge 001 My Totals SizeGrand Totals of all members[/B] (2008 uncounted) 2009 = £32.154.32! 2010 = £37.581.47! 2011 = £42.474.34! 2012 = £49.759.46! 2013 = £50.642.78! 2014 = £61.367.88!! 2015 = £52.852.06! 2016 = £52, 002.40!! 2017 = £50,456.23!! 2018 = £47, 815.88! 2019 = £38.538.37!!!! :j

    [/SIZE]
  • Sue-UU
    Sue-UU Posts: 9,701 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    EQUITY RELEASE

    We took out an Equity Release plan some 7 years ago, and it has been splendid! It solved many of my problems (following a disastrous investment).

    However, I believe the advantages and (particularly) the disadvantages MUST be clearly understood before signing anything.

    If anyone wants to ask me anything about this, I would gladly and honestly respond.

    Mike Phillips, Leeds

    Very many thanks indeed, Mike, that's really helpful and appreciated and I hope members needing that type of help will get in touch as it's always good to have first hand advice. Many thanks. Sue
    Sealed Pot Challenge 001 My Totals SizeGrand Totals of all members[/B] (2008 uncounted) 2009 = £32.154.32! 2010 = £37.581.47! 2011 = £42.474.34! 2012 = £49.759.46! 2013 = £50.642.78! 2014 = £61.367.88!! 2015 = £52.852.06! 2016 = £52, 002.40!! 2017 = £50,456.23!! 2018 = £47, 815.88! 2019 = £38.538.37!!!! :j

    [/SIZE]
  • ixwood
    ixwood Posts: 2,550 Forumite
    Sorry Mike/Sue. I assumed he was a spammer, touting for victims for equity release, as it sounded a bit suss. After checking his other posts, I take it back.

    Welcome aboard Mike!
  • Wow - what an unexpected reaction !!!!

    Thanks Sue-UU for your assistance here. I sure was stunned by IXWOOD's fierce response!

    And thanks IXWOOD for your handsome apology. I can promise you that I am not touting for any business. I am now retired, and glad that my working life is behind me. But if anyone can benefit from my experiences, I am only too happy to help!

    Mike Phillips Leeds
  • UK007BullDog
    UK007BullDog Posts: 2,607 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Hi Mike,

    You should not tell people where you are based, unless your real name is not Mike Phillips.

    For personal online safety.
  • Sue-UU
    Sue-UU Posts: 9,701 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    ixwood wrote: »
    Sorry Mike/Sue. I assumed he was a spammer, touting for victims for equity release, as it sounded a bit suss. After checking his other posts, I take it back.

    Welcome aboard Mike!

    Thanks a lot ixwood, apology excepted and so pleased you were noble enough to do so. I guessed your thoughts may have been about spamming, but no web address was given anyway. Still, all's well now, thanks again. Sue.
    Sealed Pot Challenge 001 My Totals SizeGrand Totals of all members[/B] (2008 uncounted) 2009 = £32.154.32! 2010 = £37.581.47! 2011 = £42.474.34! 2012 = £49.759.46! 2013 = £50.642.78! 2014 = £61.367.88!! 2015 = £52.852.06! 2016 = £52, 002.40!! 2017 = £50,456.23!! 2018 = £47, 815.88! 2019 = £38.538.37!!!! :j

    [/SIZE]
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