Planning & Finance

Financial guidance for property decisions in retirement. Articles cover downsizing, equity release, care home costs and mortgage options for older borrowers.

Can I Claim Benefits for Retirement Property?

Most retirees don't claim benefits they're entitled to, including pension credit that could add hundreds of pounds to their income each year.

Can I Leave Property in My Will if Mortgage Is Owing?

Yes, you can leave mortgaged property in your will, but the debt passes to whoever inherits it.

Can I Use the Equity in My Property to Pay Off Debt

Whether equity release is the right way to pay off your debts depends on your age, mortgage status and financial situation.

Can My Mortgage Overlap Into Retirement?

Having a mortgage that extends into retirement is increasingly common, but lenders have limits on how far they'll go.

Choosing a Budget When Buying a Home in Retirement

Figure out how much house you can actually afford in retirement by balancing your income, lifestyle costs, and how long your money needs to last.

Considering Medical Costs UK and Abroad and Its Impact

Healthcare costs can add up fast if you retire abroad, so check what you're actually covered for before you move.

Costs Involved in Living in Care Homes

Residential care homes cost around £400 weekly outside London and £600-£1000 in the capital, with variations based on location and care level needed.

Costs of Sheltered Accommodation and Assisted Living

Find out what you'll actually pay for sheltered accommodation and assisted living, including the services and fees that differ between them.

Downsizing Your Property

Downsizing your home in retirement can free up cash and reduce maintenance, but it only makes sense in the right circumstances.

Finance and Looking After Your Wealth

Get practical advice on managing your savings, investments and tax in retirement to make the most of your money.

I'm Over 60: Am I Eligible for a Mortgage?

Getting a mortgage over 60 is possible but lenders will scrutinize your income, employment status and ability to repay more carefully.

Is Interest-only Mortgage Viable in Retirement?

Interest-only mortgages can cut your monthly payments in retirement, but lenders will want proof you can pay back the capital when the loan ends.

Making Money from Your Home in Retirement

Turn your home into extra income in retirement by renting rooms or selling unused items you've collected over the years.

Pro's and Con's of Equity Release Schemes

Weigh up whether equity release is right for you, with a clear look at what home reversion plans and lifetime mortgages actually cost and deliver.

Should I Rely on Buy-to-let Property in Retirement?

Weigh up whether buy-to-let property makes sense for your retirement income or if the risks outweigh the returns.

Should I Sell My Property and Rent?

Work out whether selling your home to rent makes financial sense in retirement or if downsizing is the better move.

Sourcing Income Through Retirement

Several ways to build retirement income, from pensions and savings to stocks and part-time work.