Equity Release

Our advisers are here to help you make an informed decision and will tell you straight away if equity release isn’t right for you.

What to consider before you take out an equity release plan

• Equity release plans, which may be lifetime mortgages or reversion plans, aren’t always right for everyone. We welcome family members to attend your consultation to find out how their inheritance could be affected. All plans will reduce the value of your estate
• Our specialist advisers will use our benefits software to find out which benefits, if any, would be affected. Equity release may affect your tax position and could affect your entitlement to means-tested benefits
• Because equity release is a lifetime commitment, it is only expected to be repaid upon your death, or entry into long-term care. We will explain the early repayment charges which may apply if you decide to repay the plan early
• Our expert advisers will also help you to understand how the compound interest on a lifetime mortgage adds up, and how the amount you owe can grow quite quickly. Remember a lifetime mortgage is secured against your home. You should always think carefully before securing a loan against your property
• A lifetime mortgage is a long term commitment which could accumulate interest and is secured against your home.   Equity release is not right for everyone and may reduce the value of your estate

We do not provide Home Reversion Schemes.