What is equity release?
Question asked by: mrquestion
Asked on: 05 Jan 2010
Equity release is the process of releasing some of the equity in your house if that is not too much of a tautology.
Essentially with equity release you are able to get access to the money in your bricks and mortars, so if you need an amount of cash to do something then you can use equity release to get that money.
There are a couple of different types of equity release and it is worth following that link and reading the information for more information about this product and also even an equity release calculator too.
By: knowitall
Replied at: 05 Jan 2010
Rate Answer
Comment or provide your answer to this question
No comments have been added to this question "What is equity release?".
No comments have been added to this question "What is equity release?".
Ask a New Question
Find out more about Money
Find out more about Money
Money Questions and Answers
miscellaneous money Questions and Answers
Next question: Is equity release a good idea?
Become a Member! It's Free >>>
Share on Facebook:
On Twitter:
Tweet this!
Question Keywords
release  equity  
More Questions:Are Premium Bonds A Good Purchase?
Why Are Savings Rates So Low In The UK?
Where Can I Find House Price Data?
Is It A Bad Idea To Keep On Doing A Credit Card Balance Transfer?
What Is A Repayment Mortgage?