Other Related Home Schemes
Right to buy
The right to buy scheme is a scheme where a property is purchased from the Local Authority which includes the discount which applies to a Tenant under such a scheme.
Equity release schemes
These are schemes which are a way of unlocking the value of the equity in the property to produce a lump sum or regular income or both and they are becoming a popular method of raising finance. Comprehensive advice is given on the implications of entering into an equity release scheme and advice should also be sought from a financial advisor. Any of these schemes entered into should form part of SHIP (Safe Home Income Plan) and there are different schemes available.
