Planning money includes everything from planning the weekly budget, choosing products and services wisely, to financial asset management, investments etc. In the age where there is intense competition in every area, choosing the best deal just takes a bit of research.
The Importance of Equity Release Comparison
As you approach your retirement age, there are various factors that may concern you. The first thing that most retired people think about is their finances. Thought needs to be given to the drop in income & resultant lifestyle that retirement will undoubtedly bring.
Equity Release Schemes – Introduction to the Various Types
It’s every persons dream to have an enjoyable and financially secure life in their old age. Have you ever thought how it is possible to experience an enjoyable life after retirement? The biggest drawback is that old people cannot go out for work and earn their daily bread!
Debt and depression
We’ve recently seen the latest insolvency figures for Scotland, showing us how many people entered bankruptcy (2,852) or a Protected Trust Deed (2,526) between July and September.
The latest figures for England and Wales aren’t available just yet, but an article published on the BBC’s website has suggested that financial worries may be linked to a recent rise in depression in England.
How Best to Find Finance for Your Business
First and foremost, if you are looking to find finance for your new business, it is necessary to remember that you are going to have to work that little bit harder in order to impress any lending body and secure relevant funds.
Banks have really tightened their belt where lending to new businesses is concerned and you therefore have to prove that you will not be a risk to them. Read More
The Different Types of Equity Release Retirement Solutions
In order to qualify for an equity release scheme, you must have reached the age of fifty-five and have full ownership of a property that is in reasonable condition so that you can obtain a loan secured against it. It is better if there is no existing mortgage but if there is, it should have little time remaining & will need to be paid off prior to completion.