Equity release runs on words most people meet for the first time in a letter. Everything gathered here is written to be understood on a first reading, by somebody who has never bought a financial product.
The vocabulary, and the guides that translate it. Start with whichever word somebody used that you did not recognise.
Equity release may involve a lifetime mortgage, secured against your property, or a home reversion plan. It will reduce the value of your estate and impact funding long-term care.
Equity release runs on words most people meet for the first time in a letter: roll-up, loan to value, drawdown, no-negative-equity guarantee, deed of consent. Nobody is born knowing them and there is nothing clever about using them without explanation.
Everything gathered here is written to be understood on a first reading, by somebody who has never bought a financial product in their life. Where a term has to appear, it is explained where it appears rather than assumed.
Explains the word where it is used, rather than assuming it.
Uses ordinary words in preference to industry ones, every time there is a choice.
Shows the arithmetic instead of describing it.
Says what it does not know, and what it could not check.
The glossary is the reference; the rest are the explanations. If you only read one, read the one about rolled-up interest, because it is the thing people most often say they wish they had understood sooner.
That is a fault in our writing rather than in your reading, and we would rather know. The glossary has 279 terms in it and every one is meant to be understandable on its own, without having to read three other entries first.
Nothing on these pages is trying to move you towards a decision. They exist so that when somebody does explain a product to you, you already know what the words mean.
Equity release may involve a lifetime mortgage, secured against your property, or a home reversion plan. It will reduce the value of your estate and impact funding long-term care.
Short answers to the things that come up most. None of it is advice, and every figure on this page carries its source.
The pages on this site that explain a term or a document in ordinary words, gathered in one place. It is for somebody who has been handed a word and wants to know what it means before anybody sells them anything.
The glossary is one page of short definitions you can search. This gathers the fuller explanations, where a term needs more than a sentence to be useful.
Try the glossary, which carries the short definitions and covers far more ground than this page does. Everything there is on one page, so your browser own find works across the lot.
Equity release may involve a lifetime mortgage, secured against your property, or a home reversion plan. It will reduce the value of your estate and impact funding long-term care.
One qualified equity release adviser. They will go through your figures and tell you if there is a better answer. It costs nothing and commits you to nothing.
Google Analytics, Microsoft Clarity and Vimeo. Say no and none of them loads. What each one stores, and what Microsoft use theirs for.