What Do Mortgage Lenders Mean By Interest Only?
Taking an interest only mortgage out may offer a cheaper way to purchase a property or even a remortgage of your current abode than with…
Continue Reading →How Does SHIP (Safe Home Income Plans) Provide Protection to Equity Release Customers?
December 20, 2013
Equity Products, Equity Provider, Equity Release Council, Equity Release Customers, Equity Release Schemes, Financial Product, FSA Regulations, Home Care Facility, Home Reversion, Lifetime Mortgages, Lifetime Residence Guarantee, London, No Negative Equity, No Negative Equity Clause, Protection to Equity Release, Repayment Options, Retirement Equity Company, Safe Home Income Plans, Scheme Providers, SHIP, SHIP Code of Conduct, SHIP Rules
Safe Home Income Plans (SHIP) are one way of protecting equity release customers. The SHIP code of conduct means that any organisation working with SHIP…
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