Property
A source of handsome pension-equity release
equity release is a process where people can release the money trapped in the value of their home. This does not mean that you have to sell off your home for cash. The equity release companies in UK are offering funds to the people which are about to retire. These funds are equal to the present worth of your home. You are actually mortgaging your home to the fund providers but you do not have to pay off and installment or interest to them. You won’t be asked to leave your home. You can live in your home for lifetime and the company will take back the money provided by selling your home after your death.
Such schemes are a top product of UK equity markets.
