I disagree with the thesis put forward in the following article http://www.moneymarketing.co.uk/equity-release/nest-style-equity-release-body-could-fund-ltc-says-thinktank/1058764.article The risks involved in financing long term care that I believe it is only the Government which can underwrite this risk. Given the level of taxation we pay in the UK I do believe the Government should pay for this. Remember the total costs of long term care are less than the foreign aid budget. As an Independent Financial Advisor and mortgage broker in London who is qualified to advise on Equity Release I do not believe Equity Release will cover all of the potential liabilities for financing long term care.rnrnThis information is intended to provide a general review of certain topics and its purpose is to inform but not to recommend or support any specific investment or course of action. The tips may not apply, or be suitable, to everyone and you should contact us for advice if you are unsure whether this is the case.rn
