Equity Release - Is It A Scam? | Here's Everything You Need to Know!

In my mind, the minute I hear equity release, I think SCAM. That’s probably because I’ve heard equity release horror stories or read about equity release scandals in the papers or online. However, I’ve never truly given thought to the advantages and disadvantages of equity release and whether or not they are actually a scam. This video aims to objectively look at equity release and shine a light on the truths, the myths, the pros and the cons. Finally, I’ll look at the alternatives to equity release including a very interesting French-inspired alternative to traditional home equity release; the viager system. If that sounds interesting, then please watch on. Is equity release a scam? We'll find out in this video Timestamps 00:00 Introduction 02:05 What is equity release? 02:49 Lifetime mortgages 03:42 Home reversion 04:18 Myths around equity release 06:56 Advantages of equity release 07:21 Disadvantages of equity release 09:00 Alternatives to equity release 12:31 How do I get advice on equity release? -------------------------------------------------------------- Sign up for my free 10-Day Mini-Course on Achieving Financial Freedom: 👉 https://foundered.co.uk -------------------------------------------------------------- Like my content, please subscribe to the channel - https://www.youtube.com/@founderedmon... -------------------------------------------------------------- Connect With Me On Other Platforms: Instagram:   / connorfoundered   Twitter:   / connorfoundered   Website: https://foundered.co.uk/ -------------------------------------------------------------- My Equipment Glide Gear Teleprompter - https://amzn.to/43WI26P Universal 67mm Ultra-Violet Camera UV Lens Filter - https://amzn.to/41wYdpG SanDisk Extreme PRO 256GB SDXC Memory Card - https://amzn.to/3N9nLVq Portable LED Camera Light Full Color - https://amzn.to/41FnP3N Sony Alpha ZV-E10 - https://amzn.to/41QXtvo Sigma 402965 16 mm F1.4 Sony E Lens - Black - https://amzn.to/41OMeUa LED Video Light - https://amzn.to/3V9Izyk NEEWER Tabletop Camera Mount Stand Tripod - https://amzn.to/41XrMRh -------------------------------------------------------------- Disclosure: Some of these links go to one of my websites and some are affiliate links where I'll earn a small commission if you make a purchase at no additional cost to you. As an Amazon Associate, I also earn from qualifying purchases. Disclaimer: Any information provided in this video is meant purely for entertainment purposes and does not constitute any form of recommendation, They are simply my opinions. If you want financial advice tailored to your circumstances please consult with a licensed professional. #equityrelease #retirementplanning