You may be eligible to release the above amount of tax free cash which is approximately based on your age, your property value and the maximum equity percentages offered by the major equity release providers.
Equity Release Plans can vary as they offer different benefits, therefore it is very important to have a free and no obligation chat with an advisor who specialises in the Equity Release Market.
Please note any secured loans must be paid off with the equity release. The amounts shown do not reflect this and so the amount you receive may be different.
An Equity Release Plan will not be suitable for everyone and may affect any state benefits you receive and reduce the value of your estate. To understand the full benefits and risks involved ask for a personal illustration.
Depending on the adviser you are referred to a fee may be charged for Equity Release advice. The precise amount will depend on your circumstances or you may be charged a set fee.
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Equity release products are designed for the over 55 years of age and use the equity of your home to release tax free cash. This can be used for many things like, clearing mortgages, improve your lifestyle, supplement income, the list is endless…..
The schemes allow the borrower to remortgage their current home or purchase a new one with the cash being released or perhaps covering a shortfall. You can remain in the property until you no longer need it or go into long term care, at which point the home is sold and the lender repaid.
There are 4 different and innovative types of equity release, and may involve a lifetime mortgage or a home reversion plan. Contact us today to check out if any is right for you and we will be able help you understand the features and risks. Please don’t hesitate to ask for a personalised illustration.
It is important to understand the differences of equity release products, which is why we have teamed up with the specialists, The Right Equity Release, a company who are independent, having access to all lenders in the equity release market. They offer a free no obligation consultation in the privacy of your own home to talk through the options with you and your family. Alternative options will be discussed along with the benefits and your wants and needs both now and in the future.
To talk to a qualified specialist today, may improve your lifestyle and give you peace of mind.
Please contact us on: 01302 558625 or if you prefer email: email@example.com