Lifetime mortgages can be a great cash injection for your retirement, you get a tax-free lump sum or monthly instalments to use as you wish. Equity release has been steadily growing as a finance management tactic, and in 2022 over 200 homeowners per day chose to use equity release on their property.

Buying a second home or another additional property means you must pay an extra 3% in stamp duty on top of the standard stamp duty rates. This only applies to properties purchased for £40,000 or more but does not apply to caravans, mobile homes, or houseboats.

The UK still has a solid buy-to-let market even though regulations have recently tightened and costs have increased. There is an opportunity to create a long-term rental income stream with the potential for capital appreciation. But is buy-to-let a worthwhile investment after 50?

There is a general misconception that mortgages are not accessible to those over 50. While this may have been the case before, as we live longer and work longer, mortgage funding is now more accessible for the over 50s.

Releasing equity in your home sounds simple but can be challenging in practice. The equity release options available to you will depend upon your age, regular income and level of equity in your property. Remortgages, lifetime mortgages and home reversion schemes are the most popular options for the over 50s.

If you are considering acquiring a traditional property in retirement or retirement property in a specialist housing complex, there are many issues of which you should be aware. Do your research if you're looking at specialist mortgage funding or your rights within a specialist housing complex.