Equity Release allows homeowners over the age of 55 to release the equity in their homes, but still allowing them to live there for as long as they wish. There are three types of equity release schemes available in the market: Lifetime mortgages | Home reversion plans | Drawdown plans

Each type of equity release scheme allows you to have financial freedom by releasing equity from your home to spend entirely as you wish.

We only recommend equity release schemes which are approved by ERC (Equity Release Council) which means that every equity release scheme we offer meets the strict standards set by ERC to ensure your safety:

  • Guarantee you will never fall into negative equity. This means you will never owe more than the value of your home and no debt will ever be left to your estate.

  • Remain in your property for life, provided the property remains your main residence.

  • Move your plan to another suitable property without any financial penalty, subject to criteria.

As independent advisers for equity release schemes, we can advise you through the differences between each type of scheme offered.

If you would like to discuss this further please give us a call on 01204 884545 where one of our advisors will be happy to discuss your requirements.

Alternatively please use our Equity Release calculator to see what you could release now.

Equity Release is a way of releasing tax-free cash from your home. There are a number of plans which we would discuss with you to ascertain which is best suited to your needs. The most popular reasons for people releasing money from their property’s are listed below. This list isn’t exhaustive and you can use the money for anything you like.

  • Home improvements e.g. conservatory, extensions, garden improvements

  • Clear mortgage debt, loans and credit cards

  • Purchase a holiday home or 2nd property

  • Gifts to your children for a house deposit

  • Maintain or improve your lifestyle income

  • Buy a new car or caravan

  • Reduce any potential inheritance tax liability

  • Afford life’s little luxuries

  • Pay for private medical care costs

  • Fund care in your home

These are just a few of the ways people use the funds locked in their home to improve their lifestyle. How could the extra cash help you?

To find out more, why not reserve a free, no obligation initial consultation with one of our specialist equity release advisers? We will visit you in your home and spend the time with you so that you are fully informed, enabling you to make the right decision. Click here to request a call back from an equity release specialist who will be happy to give you more information on equity release and discuss your individual requirements.