Help your children buy a property with this tax-efficient plan
Equity release is an increasingly popular option to help family members buy their own home
Source: telegraph.co.uk
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BBCNEWS Disclosure October 3, 2021 20:37:00
Does she do the lottery? does she have a rich mum and dad that could maybe equity release, lend her some savings? even take money out of their own pension plan. it's tough. the lack of affordable homes to buy or rent today is connected to the sell—off of council housing decades ago in places like wester hill in the south west of the city. homes like these were sold after the right—to—buy scheme was introduced for council in the 1980s. allison watson heads the housing charity shelter scotland. if we look at the period between 1993 and 2018, we've lost 227,000 houses. that's a combination ...
Source: archive.org
Over-55s turn their homes into cash machines during property boom
More than 214,000 lifetime mortgages were bought between 2015 and 2020
Source: telegraph.co.uk
Homeowners are £326k RICHER than renters
While one in three homeowners saw their mortgage as 'an investment in their future', more than half of renters said it was 'unrealistic' they ever would ever purchase a home.
Source: thisismoney.co.uk
What do to if you're worried about paying for care
This week our reader has a question about paying for care.
Source: edp24.co.uk