Daily Mirror

EQUITY RELEASE

DISCOVER THE POSSIBILIT­IES

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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 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.”

COULD EQUITY RELEASE BE FOR YOU?

The Mirror Equity Release Advice Service, provided by HUB Financial Solutions, is here to help you decide if equity release is the right move for you. As part of the service, your adviser will complete a free state benefits check to make sure you’re not missing out on anything you’re entitled to. They’ll also explain 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.

Your 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.”

COULD YOU DO WITH SOME EXTRA CASH IN RETIREMENT?

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/equityrele­asecalcula­tor

COULD EQUITY RELEASE BE THE ANSWER FOR YOU?

Equity release gives you the ability to release tax-free cash that is tied up in your home and is available to those aged 55 or over, who own a UK property worth at least £70,000.

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