Raise tax free 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 Equity Release Council (ERC) offer a guarantee that you will never owe more to the product provider than the value of your property.
Members of the Equity Release Council have to comply with a code of practice designed to protect customers.
What is Equity Release?
To qualify for an equity release plan you neet to be aged between 55 and 95, and own your own property, typically worth at least £70,000
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 tax free cash lump sums, a regular income or both.
You are free to use the cash you release from Equity Release however you wish
The most popular form of Equity Release is a lifetime mortgage, this is a loan secured against you home and allows you to remain the owner of your home.
Equity Release requires paying off any existing mortgage. Any money released plus accrued interest would be repaid upon death or moving into long term care.
Understanding Equity Release
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.
TO SEE HOW MUCH YOU CAN RELEASE & HOW WE CAN HELP YOU:
Complete the form below or call us on 01903 765873 to arrange a free of charge meeting - without obligation
When you complete this form we will contact you for an initial discussion to identify is Equity Release is right for you. This discussion is free of charge and without obligation
We are members of the Equity Release Council, which promotes high standards of conduct and practice in equity release advice and provision, giving you confidence that you will receive the best and correct advice for your circumtances and needs.
We would be delighted to meet you at either your home address or our office.
You can also read testimonials from some of our satisfied clients here.
PROVIDERS WE WORK WITH:
We are able to provide Equity Releases from all the major providers including
and many more ...