The SHIP Safety Check |
| Anyone using their home to raise money should ask themselves
three fundamental questions: |
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Do I have the right to live in my property for life? |
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Do I have freedom to move to suitable alternative property without
financial penalties? |
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Will I receive either a cash sum or regular income payments? |
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| If you buy a home income plan through a member of SHIP,
you are guaranteed that the answer to each of these questions is YES.
And this guarantee applies whether you are raising a loan with your
house as security or selling all or part of your property to generate
cash or income. |
