Regional Europe United Kingdom Business and Economy Financial Services Personal Finance Equity Release
Equity Release is the method by which homeowners can convert the realty value of their propert into cash. Types of Equity Release are as follows: Cash Release: A percentage of the current value of your home in either the form of a lump sum, income or a combination of both. Home Reversion Plans: Agree to sell a percentage (generally ranging from 50% to 100%) of the interest you hold in your home. Home Income Plans: A mortgage is raised against the value of your home.
Last update:January 2, 2007 at 21:50:29 UTC