Do you have an existing equity release plan?

With interest rates currently sitting as low as 2.79%, you may be able to save thousands of pounds in interest by reviewing your existing equity release plan.

Whether Age Partnership arranged your original plan or not, we may be able to get you a better deal by switching plans, or you could potentially release more tax-free cash.

Providing you’ve had your existing plan for more than 12 months, our specialist advisers will compare the whole market to make sure that your plan really is still the best option for you. The current record low rates could mean that there may be a better plan out there for you which could save you thousands of pounds in interest over the course of the plan, when compared to your current deal.

Even if your current plan has early repayment charges, there could still be savings to be made because of the current low rates. It is worth taking advantage of the free plan review, as you’re under no obligation to go ahead with anything that is suggested to you.

The free plan review could also be the perfect opportunity for you to access more tax-free cash from your home and you may also want to take a look at some of the new plan features that may not have been available when you first took out equity release, such as:

• The option to access your tax-free cash like an income rather than a lump sum;

• Greater options for how and when you choose to make repayments; and

• The ability to access a cash reserve at a later date, so you’re not accumulating interest on money that you don’t need right now.

During the free review the adviser will let you know if switching plans is right for you, providing you with the full information including, discussing whether you qualify

for the latest plan developments.

The amount outstanding on your equity release plan, including any interest that you have accrued and any potential early repayment charges, will also be things that are talked through. They will also discuss what impact equity release could have on the amount of inheritance you can leave and how it could impact on your entitlement to means-tested benefits, either now or in the future.

To find out more information on equity release & to request your FREE plan review, call us on 0800 092 5047*, or visit us at www.mailfinance.co.uk/review.