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Showing posts with the label #FinancialAdviceIreland

🔷Thinking of using the value of your home to boost your retirement or help family?

  Equity release could be a smart way to free up funds —  without having to sell or move out of your home . Whether you want to support your children with a house deposit, fund home improvements, or simply top up your retirement income, this option may be worth exploring. 📽️  In this video, we break it down: What is equity release? Who qualifies in Ireland? How much can you access? What documents are needed to apply? How does Equity Release work? Equity release (commonly through a  lifetime mortgage ) allows homeowners in Ireland to unlock tax-free cash from the value of their home. The best part? You continue living in your property. The loan is repaid only when the home is sold — usually after you pass away or move into long-term care. 🏡  Popular uses for equity release: ✔️ Help your children with a house deposit ✔️ Clear personal loans or credit card debt ✔️ Finance home upgrades ✔️ Cover medical or care expenses ✔️ Supplement your pension income Eligibilit...