Over the last few weeks there's been a lot of focus on housing and older people, with the government's White Paper on housing looking at ways to encourage older people to downsize. But not everyone wants to sell up. Last year people released over £2 billion of equity from their homes. So, how can you make money from your property? What are the options and what do you have to bear in mind? Sarah Pennells was joined in the studio by Jane King who's from Ashridge financial planning and by Ceri Wheeldon who's the founder of the website Fab After Fifty.
Sarah Pennells is joined in the studio by Lina Bourdon of City and Country Mortgages, and over the phone with David Hollingworth of London and Country Mortgages, to discuss interest only mortgages, looking at why people still have that type, and what alternatives may be a better option.
Sarah Pennells talks with four experts from The Property Finders, John Howell & Co, The Overseas Guides Company and Simon Conn Overseas Property about buying property abroad.
Guests:
Barbar Wood, John Howell, Simon Conn, Stephen Tiley
Sarah Pennells is joined by London-based property investor and National Landlords Association spokesman Richard Blanco, and author of the UK's top selling book on property, David Lawrenson about investing your future in property.