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Halifax Retirement Home Plan an Equity Release Scheme To Safeguard Your Future

Do not be intimidated or confused by the name ‘Halifax Retirement Home Plan’. This is just an interest only equity release lifetime mortgage scheme that…

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Understanding Some Important Facts About Halifax Equity Release

After retirement, there are many adjustments individuals need to make to their lifestyle. Even though you may get a pension, the amount may not be…

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Plan Ahead For Your Retirement With a Halifax Equity Release Scheme

Many people don’t plan for the future and when it comes to their retirement. They subsequently find they are short of money to live life…

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How Does The Halifax Retirement Home Plan Mortgage Work In Practice?

In essence, the Halifax Retirement Home Plan is a conventional mortgage but with a twist. Whereas, traditional mortgages finish once normal retirement age commences, the…

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Should Life Insurance be Taken Out to Protect the Halifax Retirement Home Plan or Any Other Interest Only Lifetime Mortgage?

As with any financial commitment, major consideration must always be given to the longevity of the loan, particularly in the case of interest only mortgages…

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What Are The Benefits Of Taking Out Life Cover On An Interest Only Lifetime Mortgage?

Mainly it would provide peace of mind, knowing that should the worst happen the mortgage can be repaid in full and thereafter NO monthly mortgage…

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Why Do I Have To Pay Off My Interest Only Mortgage By Age 75?

From the heady mortgage years of the 1990’s & 2000’s many retired people are now finding themselves in a quandary…’how do I repay my interest…

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How Can I Pay Off My Mortgage At Age 75 and What Are My Options?

With the recent FSA review of interest only mortgages in 2010, there are many people that have been unduly affected by the changes, some more…

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Interest Only Mortgages Basics

The working of a traditional mortgage involved a borrower paying fully amortised monthly payments to the mortgage lender. This means that a borrower pays an…

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A Sneak Peek Into The Halifax Equity Release Retirement Plans

Equity release, such as Halifax Retirement Home Plan, has certainly become popular among senior citizens in UK. Equity release schemes are now a lot easier…

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