Equity Release is a wise move at the moment
If you’re thinking about equity release, you are one of the wise few who can see the direction the market is heading. This writer predicts that the market of house value is heading south and will not be flying back for the summer.
With inflated house prices, there has never been a better opportunity to lock into the equity present in your home. If you’re house is worth £400,000, you can release equity up to 80% using the Best Equity Release Provider. Now with these lifetime mortgages, when you pass on, your house is no doubt going to be worth more than it is now. Property equity growth is inevitable but that doesn’t mean its linear…far from it. Whilst your £400k house may be worth £1M in 25 years, next year it may be worth £300K. If you need the money then its best to release equity at the top of the bubble, not at the bottom…otherwise the equity release provider will be reaping all the benefits not you!