Equity release
Click here for your FREE Guide To Equity Release
Equity release may be helpful if you are over 55 and worried about the following:-
- You wish to increase your income or capital.
- You want to stay in your existing home and do not want to downsize.
- You want to retain some equity for your children.
You may use the money for a variety of reasons:-
- to supplement your retirement income
- to improve your present property
- to restructure existing loans
- to buy a new house or retirement apartment
- to purchase a new car
- to go on a world cruise
- to buy a holiday home
- to provide a deposit for your childrens’ house
- to fund divorce settlements
- to pay for health care in your home
- to pay for medical treatment
Clients who have experienced our Equity Release service tell us that they receive a new financial lease of life and independence. The service helps them to do the things they want to do.
Advising you on Equity Release
The first meeting is at our cost, with no obligation, to discuss your circumstances. Our priority will be to establish whether equity release is right for you by carrying out a comprehensive fact find and looking at any possible impact on state benefits. Once we are happy that it is appropriate, then we will research all of the plan providers for both lifetime mortgages and home reversion plans to obtain the best scheme to suit you.
We are specially qualified in Equity Release as all Directors and consultants have qualified by examination. We are also members of PEER (Promoting Excellence in Equity Release), promoted and supported by the PFS (Personal Finance Society).
We can visit you in your home or you can visit us at our offices in Grey Friars, Chester.
How we are paid for our equity release service:
A fee (only payable at legal completion of your lifetime mortgage or home reversion plan) of 1.65% of the total facility arranged (minimum £995). We retain any marketing commission paid to us by the provider.
Please note
Downsizing may be cheaper. Your entitlement to benefits may be affected. Releasing equity will reduce your estate.
This is a lifetime mortgage or home reversion plan. To understand the features and risks ask for a personalised illustration.