Unlock the True Potential of Your Home with Equity Release
Allow your years of hard earned equity to help fulfil your dreams in retirement.
Equity Release including Lifetime Mortgages & Home Reversion plans will reduce the value of your estate and can affect your eligibility for means tested benefits.
Why our clients Release Equity
As you approach or enter retirement, your perspective on things can change. Values can shift, and circumstances can change, providing a whole new set of choices.
Often, the option to release some of the value stored in your home to see other goals fulfilled becomes a strong motivation.
Below are some of the reasons our clients consider unlocking equity from their homes.
Why People Choose Equity Release
People choose equity release as a strategy to unlock the financial value embedded in their homes without the requirement to sell. The primary reasons individuals explore equity release involve:
Boost Retirement Income
Boosting retirement income through equity release provides a supplementary financial cushion during retirement, ensuring a comfortable and secure lifestyle.
Helping Family
Equity release can be a generous way to assist family members, offering support for education, home purchases, or other significant needs.
Home Improvements
Utilising equity release for home improvements allows homeowners to upgrade their living environment without the need for upfront cash outlay.
Healthcare
Funding healthcare needs through equity release ensures access to necessary medical treatments without compromising other financial resources.
Repaying Debt
Equity release offers a strategic solution for repaying outstanding debts, leading to financial freedom and peace of mind by consolidating financial obligations.
Bucket List
Fulfilling bucket list dreams becomes attainable with equity release, providing the means to pursue adventures and experiences previously out of reach.
There is no ‘one-size-fits-all’ solution when it comes to Equity Release.
As individuals, your personal circumstances, financial situations, and goals are unique, and as such, your Equity Release plan will need to be tailored to meet these specific needs.
To define your plan and find out what you could borrow, call our specialist Equity Release broker today.
Your Options
Lifetime Mortgages
Unlock the Equity in Your Home While Retaining Ownership.
Lifetime Mortgages offers a flexible way to access the equity tied up in your home without the need to move out or sell your property. Tailored for homeowners aged 55 and over, this popular equity release option allows you to borrow a portion of your home’s value while maintaining full homeownership. You can choose to make repayments or let the interest roll up, with the loan and any accrued interest typically repaid from the sale of your home when you pass away or move into long-term care. With a Lifetime Mortgage, you can secure the funds you need today, while ensuring your home remains your own.
Home Reversion
Exchange Ownership for a Tax-Free Lump Sum or Regular Payments.
Home Reversion plans offer a straightforward approach to equity release for individuals aged 60 and above. This option involves selling a part or all of your home to a home reversion provider in return for a tax-free lump sum or regular payments, while granting you the right to remain living in your property, rent free, for the rest of your life. Although you’ll no longer own all or a portion of your home, Home Reversion guarantees lifetime occupancy and the freedom from worrying about property market fluctuations. It’s a secure solution for those looking to access the wealth tied up in their property, providing financial support for your retirement years.