In my mind, the minute I hear equity release, I think SCAM. That’s probably because I’ve heard equity release horror stories or read about equity release scandals in the papers or online. However, I’ve never truly given thought to the advantages and disadvantages of equity release and whether or not they are actually a scam.
This video aims to objectively look at equity release and shine a light on the truths, the myths, the pros and the cons. Finally, I’ll look at the alternatives to equity release including a very interesting French-inspired alternative to traditional home equity release; the viager system. If that sounds interesting, then please watch on.
Is equity release a scam? We'll find out in this video
Timestamps
00:00 Introduction
02:05 What is equity release?
02:49 Lifetime mortgages
03:42 Home reversion
04:18 Myths around equity release
06:56 Advantages of equity release
07:21 Disadvantages of equity release
09:00 Alternatives to equity release
12:31 How do I get advice on equity release?
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Disclaimer: Any information provided in this video is meant purely for entertainment purposes and does not constitute any form of recommendation, They are simply my opinions. If you want financial advice tailored to your circumstances please consult with a licensed professional.
#equityrelease #retirementplanning
26 июл 2024
