You may have other assets or investments which could boost your income or give you the lump sum you need.
Consider, too, whether moving to a less expensive property might be a better way of releasing money tied up in your home – rather than letting an equity release company profit from your bricks-and-mortar investment.
Can you move or sell up?
You may want to sell your house at a later date and move somewhere smaller or more suitable for your needs, or you may want to sell up completely to move into rented sheltered housing or into a care home. You should check whether any plan you are considering allows you to transfer it to a new property or whether there is a penalty if you end the scheme before death
After analysing your own personal circumstances and requirements, we will be able to advise you which product or solution is most suitable for your needs.
Equity Release refers to home reversion plans and lifetime mortgages. To understand the features and risks ask for a personalised illustration.
For Equity Release advice you can choose how we are paid, pay a fee of usually 0.5% of the loan amount or we can accept commission from the lender.