On this scheme yes

CD you cannot pay back money when you are dead as Moggy clearly put it also my house was valued in 2011 November.
Since then I have had double glazing done the garden landscaped and new central heating free courtesy of the now defunct Government Warm Front scheme. I think the house was also slightly undervalued as all I needed was the amount I asked for in my previous post.
Yes it is borrowing but money that will never be paid back by me or my wife,just the sale of the property when we are brown bread.
waco got it in one!

Equity release or lifetime mortgage as it is often called works on your age and the value of the property.
I have done this at the age of 67 and my wife 69 and we had an outstanding mortgage of £40k
Our house was valued at £250k
Release company said OK based on your age and life expectancy we will lend you £67k less the 40k to pay existing lender off.
So we took £10k(for double glazing and improvements) and left £17k to call off if we need it.
The rate is 5,95%pa which is added to your debt.
So we pay nothing just the debt rolls up until the last one of us dies or has to go into a home. Then the house is sold and any money left over goes to whoever we put in our will or the person in care. Should the housing market collapse completely and the house is worth nothing that is the lenders hard luck.(the debt cannot be passed on to your heirs)

So since taking that out 2 years ago the mortgage is now £56k something and the house is now valued at £325-£350k

Since the kids are well set up,hard luck if they want anything out of us if Nursing home fees gobble the balance up.

Any questions? One you might ask me is what will they lend? Well the youngest partner must be 65 or over and the older you are the greater the amount they will lend. So if you are an old badger in your 80s probably 75%+ of the property value.
Talk to an INDEPENDENT Financial consultant about this for the best deals out there.

Property rich but cash poor, what’s the point there are no pockets in a shroud.

Alan let it and Germany as well which is swinging to the right give those who don’t come out of their cosy little world of putting their heads in the sand a right kicking. If you live in that country you should pledge allegiance to that country or Foxtrot Oscar back to the sandpit of your forefathers.
Yes I am effing angry about those who have lost loved ones today and may those who valued free speech Rest in peace

Perhaps instead of spending vast sums of money pulling German scrap out of the channel it should have been spent on honouring those who died putting it and the like there!

No, Taxes are being paid, just not in the UK.

I pay my ebay fees every month, but pay Luxembourg rates, not English. Now, I don’t mind that too much, as it makes it a bit cheaper for me, but if you add up the lost revenue, it makes a fair difference.

Personally, I believe that if you market goods or services in a specific country, AND have a base of some form in that country, then you have to pay the taxes that are generated in that country. For the big companies that isn’t very common.

Bruce

Bit two faced Bruce OK for you to save a few quid but not OK on a larger scale?

If I have read that wrong its the Gordon’s and tonic in ample quantities!

I wanted to send some sort of holiday greeting to my forum friends, but it is difficult in today’s world to know exactly what to say without offending someone. So I met with my lawyer yesterday, and on his advice I wish to say the following: Please accept with no obligation, implied or implicit, my best wishes for an environmentally -conscious, socially-responsible, low-stress, non-addictive, gender-neutral celebration of the winter solstice holiday practised with the most enjoyable traditions of religious persuasion or secular practices of your choice with respect for the religious/secular persuasions and/or traditions of others, or their choice not to practice religious or secular traditions at all. I also wish you a fiscally successful, personally fulfilling and medically uncomplicated recognition of the onset of the generally accepted calendar year 2015, but not without due respect for the calendar of choice of other cultures whose contributions to society have helped make our country great and without regard to the race, creed, colour, age, physical ability, religious faith or sexual preference of the wishes. By accepting this greeting, you are accepting these terms: This greeting is subject to clarification or withdrawal. It is freely transferable with no alteration to the original greeting. It implies no promise by the wisher to actually implement any of the wishes for her/him or others and is void where prohibited by law, and is revocable at the sole discretion of the wisher. The wish is warranted to perform as expected within the usual application of good tidings for a period of one year or until the issuance of a new wish at the sole discretion of the wisher . Best Regards (without prejudice),

Paul

If you can get it delivered http://www.bbc.co.uk/news/business-30602326