TIPS!

My Weekly - - Finance -

✦ MIN­I­MUM AGE FOR EQ­UITY RE­LEASE IS 55, AL­THOUGH SOME SCHEMES ARE ONLY AVAIL­ABLE FROM 60.

✦ HOW MUCH YOU CAN BOR­ROW WITH THE MORT­GAGE OP­TION DE­PENDS ON YOUR AGE, HEALTH AND VALUE OF YOUR PROP­ERTY.

✦ IN ALL CASES, CHECK ALL COSTS IN­VOLVED ALONG WITH ANY AD­MIN FEES. IF YOU SELL UP AND DOWN­SIZE, THERE MAY BE AN EARLY RE­DEMP­TION FEE.

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