How does equity release work? Understanding the basics of equity release
What do you need to think about if you're taking out an equity release or lifetime mortgage?

Equity release has come in for some pretty bad press over the years, but for some older homeowners, it may be a better option than selling up or trying to survive on their pension. However, it’s an important financial step and you have to be aware of the disadvantages as well as the benefits.

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03-02-2010
28-10-2014
2
 
 
If you want to buy a property at auction, what do you need to do before the auction day?
How to prepare for buying a house at auction; surveys and information you should ask for.

If you’ve ever been caught up in a lengthy chain when you’ve been buying property and had to wait for months before the others were in position to move you may be attracted by the idea of buying a property in a day. But while the actual process of buying can be over in a matter of minutes, you have to invest some time in preparation before the auction day itself. When you buy at auction, the fall of the auctioneer's hammer means you've entered into a legal and binding contract.

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21-09-2010
12-10-2014
0
 
 
Buying a leasehold flat; how to avoid the problems with high service charges or costly repair bills.
What to look for when you're buying a leasehold flat; how to avoid large repair or service charges.

Have you ever read a lease? If you haven’t, you’re not alone. Every year thousands of people buy leasehold flats without having much idea of what they’re letting themselves in for. In many parts of England and Wales, if you want to buy a flat, the only option is to buy one that’s leasehold. The lease is the legal contract you sign up to when you buy but many people don't see a copy of theirs until after they've bought the property.

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09-02-2010
26-09-2014
0
 
 
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The material provided on this website is general information that is intended for general guidance and is not suitable for professional advice.
You should always obtain independent financial advice.