Equity Release

Do you want to use the value tied up in your home to help in retirement ?

Do you want to release a capital sum?

Do you need extra income ?

We find that many people who have purchased their own home do not want to sell it just to release capital to help fund a comfortable retirement.

Rather than move to a smaller property, often clients would prefer to stay put and use the value tied up in their home to release either a capital sum or an extra income.

Releasing capital from their property is an option for retired homeowners and rather than trying to review the whole range of products yourself we recommend that you use a suitably qualified adviser to provide advice in this complex area. A number of our advisers have achieved the relevant qualification and our service includes reviewing the market to find the most suitable Lifetime Mortgage for your requirements. We are able to review the whole market and so this may mean that we can recommend schemes that are not available directly on the high street.

Once the Lifetime Mortgage has been sourced we will explain how it works and help you with the application process if required. Once the application process has been completed, we will continue to offer support and advice when required until the mortgage has been completed and the funds paid to you.

We can also offer independent financial advice for the investment of a capital sum if needed to ensure that the capital  benefits from the best interest rates available.

We are also qualified to offer advice on Home Reversion Schemes where part or all of the property is sold to a third party in exchange for a cash lump sum and/or a regular income.

Home reversion plans and lifetime mortgages are complex products.  To understand the features and risk, ask for a personlised illustration.  A cash lump sum or income from an Equity Release plan may affect your eligibility for state benefits.  It will reduce the value of your estate and may leave nothing to pass on as an inheritance.

Your home may be repossessed if you do not keep up repayments on your mortgage.

Never enter into any of these arrangements without talking it through with a financial adviser. Equity release involves selling or borrowing against your home. It may affect your eligibility for state benefits, your ability to move house, and the amount of any inheritance you may leave.p>

For details of our fees for mortgage business please see our page "How we are Paid".