LIKE MR AND MRS MORGAN?

Retired Mr Morgan released tax-free cash tied up in the value of his home using equity release, providing himself and his wife with the money needed to improve their home and buy a new car. And they still have a little bit of cash left over for a rainy day. “I originally saw an advert in the paper and it was the solution we needed. We had no mortgage, no debt and we were at a point that we wanted to get a bit more work done on the house - the soffits and guttering and that. Equity release has helped us achieve this and the work is all done and paid for.” says Mr Morgan from Gloucestershire. Equity release also allowed Mr and Mrs Morgan to do more than just home improvements. “We’ve changed the car. The other one was getting really old and wasn’t worth spending any more money on. I’ve gone for the same brand again – I always do.” if equity release could affect your tax status or means tested state benefit entitlement as well as explaining how the value of your estate will reduce.

You initial consultation is FREE, which means if you decide that equity release isn’t right for you, you can simply leave it there and pay nothing. If you decide to continue with a recommended product you’ll be charged an advice fee of only £1,100.

Looking back at their experience of the Mirror Equity Release Advice Service, Mr Morgan says “We were very pleased with the service. We mentioned it to some friends of our neighbours – now they’ve taken it up.”

Try our free equity release calculator today to find out how much tax-free cash you could release from your home. Visit, mirror.co.uk/equityrelease-calculator