Equity Release
Equity Release schemes are a useful financial vehicle for people aged 55 and over who are equity rich and cash poor. These schemes are also called Home Reversion, Home Income and Lifetime Mortgages.
They are a means of releasing equity from your home and then using the cash for financial planning such as generating extra income, inheritance tax planning or treating yourself to home improvements, holidays or a new car.
With over 40 products in the market place it is imperative that you receive Independent Financial Advice when deciding if this is the right action to take. You and your family need to understand what the impact would be on their inheritance by you completing a Equity Release scheme. It should involve the whole family.
Products available:-
- Home Reversion Scheme
- Equity Release
- Home Income
- Lifetime Mortgages
This is an Equity Release Plan. To understand the features and risks, ask for a personalised illustration.
For details of our fees we charge when providing advice on Equity Release and Home Reversion Schemes please go to our Client Agreement on the Home page.
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