Chit Chat
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Sorry all if this is wrong forum, if it is I would be grateful if you could point me to the right one. I'm thinking seriously about this and would much appreciate any views/opinions. Thanks.
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Replies: 9
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Don't do it Dad I need the inheritance.
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Don't fret Thin boy.....you'll be ok!
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dont do it unless its a last resort
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Don't be too hasty. Your going to need the house to pay for your Care Home fees when you go Doolally.
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Thin, what do you mean WHEN? Donny on a more serious note, could you give reasons please?
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Google search "equity release rip off" "equity release con" "equity release disaster" "mis sold equity release" "equity release clause" etc etc
Obviously whether it's the right option for you would depend on a very detailed examination of your personal circumstances. You'd need an expert in common sense. They are hard to find. |
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Thanks 29 will have a good look.
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I'm not saying they are a rip off. I'm sure they will be the best option for some people. Just it's the type of thing I'd expect there to be a high chance of being ripped off and/or the person taking it out doesn't fully understand the downside. The problem is if you google search review you may get a few fake good reviews, but it's very unlikely a bad review isn't genuine.
There's often a link to dodgy companies and practices on the net somewhere if you search hard enough |
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it may be you have no other option and need the cash, but, its a dreadful scheme
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