Borrowing against your property can help you achieve your financial goals. The Reader’s Digest Equity Release team sat down with 1966 football legend Sir Geoff Hurst to discover more about his own journey with the UK’s most popular equity release product.
If you’re unfamiliar with equity release, it’s the process of borrowing against the value of your home to release tax-free cash. The UK’s most popular equity release product, and the option that worked for Sir Geoffin early 2021, is a Lifetime Mortgage.
Sir Geoff, however, is clear from the start that he didn’t have any concerns about releasing equity, insisting, “I felt really confident. I didn’t have any apprehension about it.” He laughs at my surprise that such a huge financial decision didn’t prompt at least a little reluctance; it’s clearly a response he’s had from loved ones, too. “My family always think I’m positive. [My wife] is cautious. I’m probably a bit more ‘let’s do it’. That’s my general attitude anyway.”
Denne historien er fra December 2022-utgaven av Reader's Digest UK.
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Denne historien er fra December 2022-utgaven av Reader's Digest UK.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
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