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  • FIRST POST
    • SallyG
    • By SallyG 7th Jul 17, 11:08 AM
    • 840Posts
    • 194Thanks
    SallyG
    L and G Equity Release TV ad.
    • #1
    • 7th Jul 17, 11:08 AM
    L and G Equity Release TV ad. 7th Jul 17 at 11:08 AM
    Siren song of smiling silver haired couple - release the cash in your home and give it to your grandchildren - any drawbacks to this perfect solution?
Page 1
    • LHW99
    • By LHW99 7th Jul 17, 11:15 AM
    • 1,251 Posts
    • 1,141 Thanks
    LHW99
    • #2
    • 7th Jul 17, 11:15 AM
    • #2
    • 7th Jul 17, 11:15 AM
    Deliberate deprivation rules?
    • GunJack
    • By GunJack 7th Jul 17, 11:33 AM
    • 10,080 Posts
    • 7,563 Thanks
    GunJack
    • #3
    • 7th Jul 17, 11:33 AM
    • #3
    • 7th Jul 17, 11:33 AM
    Deliberate deprivation rules?
    Originally posted by LHW99
    This is an area I can see being overhauled/expanded/made more strict in the next few years....Govt are going to claw more back via Deprivation rules
    ......Gettin' There, Wherever There is......
    • Malthusian
    • By Malthusian 7th Jul 17, 11:56 AM
    • 3,934 Posts
    • 6,137 Thanks
    Malthusian
    • #4
    • 7th Jul 17, 11:56 AM
    • #4
    • 7th Jul 17, 11:56 AM
    Deliberate deprivation rules?
    Originally posted by LHW99
    The couples in the ad all look in good physical and mental health and show no signs of needing care in the near future, and at no point do they mention a desire to give all their money away and then throw themselves on the mercy of the state. Where do you see a deliberate deprivation problem?

    The downside is in the not-that-small-print risk warning at the bottom of the ad - "A lifetime mortgage will reduce an inheritance." And "You should consider other options to borrow money which may be more cost effective."
    • Joey Soap
    • By Joey Soap 7th Jul 17, 12:02 PM
    • 141 Posts
    • 47 Thanks
    Joey Soap
    • #5
    • 7th Jul 17, 12:02 PM
    • #5
    • 7th Jul 17, 12:02 PM
    <<<PLACEHOLDER>>>
    Home Equity Release Mis-selling Inquiry Launched.
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