Equity release – is it the best option available?

October 3rd, 2011 by admin Leave a reply »

What millions of cash-strapped pensioners could probably do in these economic crises is expect a godmother to swing her magic wand and banish away all your financial crises. But the fact remains that this is no fairly tale so, we always need a real life solution that can work better for us. By this time your investment portfolio might have just collapsed and inflation might be running at 9% as you are over 60’s. You are also running out of extra layers to prevent from freezing, so you may try out new ways to serve cheap meat. Just when you felt that things could never get more worse, you have to renovate your home. So the most obvious thought would be to make use of equity release as it would only add more cash to your daily expenses.

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