{"id":11064,"date":"2015-08-01T13:01:02","date_gmt":"2015-08-01T06:01:02","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/is-equity-release-a-sensible-way-to-provide-for-your-old-age\/"},"modified":"2016-04-21T09:12:49","modified_gmt":"2016-04-21T02:12:49","slug":"is-equity-release-a-sensible-way-to-provide-for-your-old-age","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/is-equity-release-a-sensible-way-to-provide-for-your-old-age\/","title":{"rendered":"Is equity release a sensible way to provide for your old age?"},"content":{"rendered":"


\nTaking out a \u2018lifetime mortgage\u2019 on your home might seem like a good idea, but there is a downsideUsing your home as a cash machine to help fund your retirement is becoming an increasingly mainstream option. It emerged this week that schemes which allow older people to unlock some of the\u00a0value tied up in their property are enjoying record take-up. So should you take the plunge?Before you think about equity release, consider all the alternatives Continue reading…
\n
\nSource : theguardian.com
\nRead more…Is equity release a sensible way to provide for your old age?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Taking out a \u2018lifetime mortgage\u2019 on your home might seem like a good idea, but...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-11064","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-2Ss","jetpack-related-posts":[{"id":692,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/grainger-sells-325m-equity-release-business-to-private-equity\/","url_meta":{"origin":11064,"position":0},"title":"Grainger sells \u00a3325m equity release business to private equity","date":"January 4, 2016","format":false,"excerpt":"\r Electra and Patron will take the business from Britain's biggest listed housing landlord\r \r Source : telegraph.co.uk\r Read more...Grainger sells \u00a3325m equity release business to private equity","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":67718,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/so-is-equity-release-really-that-bad\/","url_meta":{"origin":11064,"position":1},"title":"So is equity release really that bad?","date":"June 4, 2006","format":false,"excerpt":"\r Maybe not, says Jon Robins, but it pays to think carefully before unlocking the money in your homeAt a time of overstretched pensions and low interest rates, it is hardly surprising that many older homeowners are planning to cash in some of the equity in their homes to make\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":12698,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-people-using-equity-release-to-repay-interest-only-mortgages\/","url_meta":{"origin":11064,"position":2},"title":"More people using equity release to repay interest-only mortgages","date":"May 11, 2016","format":false,"excerpt":"\r Maturing interest-only mortgages are triggering a surge in the sales of equity release plans, figures revealGrowing numbers of people with maturing interest-only mortgages are raiding the equity in their homes to pay off the debt, figures reveal.One of the leading firms specialising in retirement planning said it had seen\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":42137,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/is-equity-release-a-good-way-to-pay-off-your-home-loan\/","url_meta":{"origin":11064,"position":3},"title":"Is equity release a good way to pay off your home loan?","date":"January 28, 2017","format":false,"excerpt":"\r You\u2019ve been paying interest only, but finding a large sum to cover the capital is a problem. We look at equity releaseThe number of people raiding the equity locked up in their home to pay off their interest-only mortgage is set to rocket. But is signing up for an\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2621,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/equity-release-levels-hit-record-high-among-over-55s\/","url_meta":{"origin":11064,"position":4},"title":"Equity release levels hit record high among over-55s","date":"January 25, 2016","format":false,"excerpt":"\r More than 22,500 deals were agreed in 2015, showing a growing reliance on housing wealth as a key pillar of later-life financial planning A record amount of housing wealth was unlocked by homeowners aged 55 and over in 2015, with \u00a31.61bn withdrawn through specialist equity release plans.Lending was up\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":55221,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/whats-the-best-way-to-release-equity-for-home-improvements\/","url_meta":{"origin":11064,"position":5},"title":"What's the best way to release equity for home improvements?","date":"May 18, 2017","format":false,"excerpt":"\r I don\u2019t have a mortgage and need some cash for new windows and doorsQ I would like to know more about equity release. I am a homeowner with no mortgage on my house. I cleared my mortgage back in 2013 when my endowment policy reached maturity.I would like to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/11064"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=11064"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/11064\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=11064"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=11064"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=11064"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}