11 min
Pocket Change - E5: "Is The Bank of Mum and Dad Being Robbed?" Equity Release 101 The Making Cents Podcast
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- Education
Chances are you have seen an advert on TV offering a easy way to get a cash lump sum using the equity you have in your home. These products are generally known as Equity Release and are generally aimed at people 55+.
Now before you think to yourself that this episode doesn't relate to you if definitely can if you have older relatives who own properties and are either not earning an income, or coming towards the end of their working life.
Property is one of the major ways of passing down Generational Wealth and understanding these products and help you do just that. Please pass on to anyone you think may be in the position to need get equity out of their home #ItMakesCents
Chances are you have seen an advert on TV offering a easy way to get a cash lump sum using the equity you have in your home. These products are generally known as Equity Release and are generally aimed at people 55+.
Now before you think to yourself that this episode doesn't relate to you if definitely can if you have older relatives who own properties and are either not earning an income, or coming towards the end of their working life.
Property is one of the major ways of passing down Generational Wealth and understanding these products and help you do just that. Please pass on to anyone you think may be in the position to need get equity out of their home #ItMakesCents
11 min