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What is Equity Release?
Equity Release is a generic term given to a variety of special schemes that help homeowners (generally over at least 55) release some of the capital tied up in their home to produce either a lump sum, income or combination, without the need to take out a traditional mortgage or move, and offers the option of making no repayments until you, or if later your spouse, dies or goes into Long Term Care.
Whilst this will inevitably reduce the amount of equity which will be left for you or your beneficiaries to inherit, it can often make the difference between retirement being a struggle and more enjoyable.
The money can be used for whatever purpose you want, whether that is to:
Improve your income
- Settle bills and pay off some debts
- Help your family
- Replace your car,
- Do home improvements…………….. the choice is yours.
Find our more about how equity release could benefit you.
“Equity Release” includes
home reversions plans and
lifetime mortgages.
To understand the features and risks ask for a personalised illustration
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Annuities

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Debt solutions

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