As the UK heads towards a recession, stock markets are falling and dragging pension funds down with them. As a result many homeowners of retirement age may be considering raising cash in other ways.
Equity release is one way for homeowners to raise cash but can seem daunting. This is why Fairinvestment.co.uk has launched its own Guide to Equity Release
and Equity Release FAQs
) to help people who are considering releasing equity in their homes.
Explaining the ins and outs of equity release, the Fairinvestment.co.uk guides aim to answer common FAQs as well as offering detailed explanations of how equity release works and its advantages and disadvantages.
Commenting on the equity release guides, chartered financial planner at Fairinvestment.co.uk, Sharon Bratley said: "Equity release is a complicated area for most people to understand. There are various types available and people should be confident that they understand all aspects before going ahead.
"Our guides break down the basics of equity release
and give homeowners an insight into what it will entail, which is an essential first step for anybody at all interested in equity release."
The guides are written simply and clearly, making them easy to understand, despite the complicated topic area. And, if after reading the guides, homeowners want to learn more, Fairinvestment.co.uk's equity release quotes and advice service provided by Equity Release Solutions, can take them to the next step.
"If, after considering all other options such as down-sizing and relocating, and after reading our free guides, people want to know more about equity release they can use our simple service to speak to an expert about their specific options," Mrs Bratley added.
Both Guide to Equity Release and Equity Release FAQs are available on Fairinvestment.co.uk and to download as easy to read PDFs:
Download Guide to Equity Release
Download Equity Release FAQs