Equity release could help you enjoy your retirement

Find out more about releasing tax-free cash from your home

Equity release is a way for homeowners aged 55 and over to access a percentage of their property value while still living in their home.

For most of us, our homes are our most valuable asset, and if you’ve owned it for a number of years, it’s likely to have increased in value and could mean you are sitting on a large amount of equity.

One of the main benefits of equity release for many people is that it provides you with a tax-free lump sum of cash and you’re not required to make any repayments if you don’t wish to. With the most popular form of equity release, a lifetime mortgage, you continue to own 100 per cent of your home.

Make your retirement more comfortable

Equity release is often used by people who might have a shortfall in their pension savings as they approach, or are already enjoying, their retirement.

With the money you release you could enjoy the holiday of a lifetime, a new car, making home improvements or simply supplementing your income to make your retirement years more enjoyable.

What’s involved?

Advice is required before proceeding with equity release, and an equity release adviser will explore all options with you and tell you everything you need to know about equity release.

Through our service, we provide access to a free equity release quotation outlining what equity release could mean for you.

You’re under no obligation to proceed with anything that is recommended mmended to you. Only if you choose to proceed d and your case completes etes would an advice fee of f £1,995 be payable. Other lender and solicitor fees may apply. Equity release may involve a home reversion plan or a lifetime mortgage, which is secured against your property and will reduce the value of your estate and impact funding long-term care.

Equity release requires paying off any existing mortgage. Although there are no monthly repayments required with equity release, any money released, plus accrued interest, would be repaid upon death or moving g into long-term care.

To request requ your FREE guide or to find fi out more, call freephone freeph 0808 239 3421.