Retirement Services
...and enjoy the life you have
You may be ready for retirement, but is your home? One of the biggest concerns for the over-65s is owning a home which is ‘retirement ready’. If you’re planning on retiring in your current home, it’s important to think about the future and prepare for the challenges as you age. Stairs might be fine now, but how will you feel about going up and down them as you get older? Simple everyday tasks like this could become challenging. Retired homeowners believe it could cost on average £10,400* to make their home more manageable. This could include installing handrails and stairlifts, adding a downstairs bathroom or making gardens more manageable. About one in eight retirees will need to fork out £20,000* to adapt their home if they plan to stay there during retirement. If you would like to make a few changes to make your home more comfortable and secure in retirement, but don’t have the funds available, your home could help. A lifetime mortgage, the most popular type of equity release plan, allows homeowners aged between 55 and 95 to release tax-fee cash from the value of their home.
To find out more about unlocking the cash from your home, request a FREE Yours guide in partnership with equity release specialists Key Retirement. Unless you decide to go ahead, Key’s service is completely free of charge, as Key’s typical advice fee of 1.95% of the amount released would only be payable on completion of a plan.