Equity release ... any experts ??

oakiecokie

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Serious question.
Do any of you have any knowledge or know of anyone who has taken out an equity release on their property ?
Just wondered what the pro`s and con`s were and are there any reliable and honest brokers,who deal with this kind of financial package (for want of better wording).
 
dan_bo said:
Are you talking remortgage?

No mate.We own our house,but I`m coming up to 64 and the missus is 61,so just seeing what (if any) are the benefits of releasing money back to us,against the value of our house,where the house is still 100% still owned by us and the repayment (+ interest) is only payable once me and the missus go to the blue skies above.
 

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