Equity Release

Raise cash for any purpose!

Use your home to provide for a better retirement.

More and more people in the UK are starting to use the value built up in their home to help them enjoy a better retirement.

Modern equity release plans are more flexible and those backed by members of the trade body Safe Home Income Plans (SHIP) offer a guarantee that you will never owe more to the product provider than the value of your property.

Members of SHIP, have to comply with a code of practice designed to protect customers.

What is Equity Release?

Equity Release enables you to unlock money from your home while you still live there and you do not have to make any repayments until the property is sold either on your death or when you move into care. An equity release plan can provide you with access to cash lump sums, a regular income or both.

To qualify for an equity release plan you must be over a certain age (generally 55) and own your own property.

Careful consideration

Equity release is not suitable for everyone, so we recommend that you always consult a financial adviser such as Andrew Ryall, who is qualified to advise on the different types of equity release products.

As it is a lifetime commitment, we also recommend that you involve your family in the decision making process as releasing money from the home will affect the amount that you will be able to leave them when you die.

Taking out equity release may affect your tax position and entitlement to state benefits.

To understand the features and risks of lifetime mortgages fully, ask for a personalised illustration.

Call 01903 765873 or visit our Contact us page to request your initial free of charge meeting - without obligation

We would be delighted to meet you at either your home address or our office.