What's a re:equity release?
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tadd Apprentice
Joined: 14 Sep 2004 Posts: 4
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Posted: 03/03/08 - 08:36 Post subject: |
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| Hi. I have been looking around on the web recently about finances, and have come across a good few sites like this particular one. I saw some comments about re:equity releases. What is that? Excuse me if I sound like an idiot who doesn't know anything about these things. That is because it is indeed true. I would therefore particularly appreciate your help. |
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alonso Apprentice
Joined: 11 Jan 2007 Posts: 4
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Posted: 04/02/08 - 01:23 Post subject: |
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| Oh, you mean EQUITY release? Everyone is getting up to it these days! Equity release is - I am sure you will not be all that surprised - when you release equity from your home. These are schemes especially popular with older and retired people, who want to use their home as a form of income. They have been more and more popular, and equity release schemes are rising like mushrooms. |
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