There are a number of different Equity Release options available which allow you to raise funds based on the value of your home, as a Lifetime Loan.
Releasing Cash From Your Home
With some Equity Release plans you are not required to pay off any capital or interest at any point during your lifetime.
Effectively, the provider of the loan reclaims the capital (plus any accumulated interest) through the eventual sale of your property, once the final plan-holder dies or moves into long-term care. So, if you’re a homeowner, aged over 55 and looking for additional funds, then an Equity Release plan may be your solution. Our Equity Release Advisors are qualified retirement planning specialists who can provide you with professional, impartial advice in order to plan a brighter retirement, specifically designed for you. To book your free, no obligation initial appointment, please contact The Money Planner Ltd on Tel ? or email?
Qualified Retirement Planning Specialists
As qualified members of the Equity Release Council
Money Planner are retirement planning specialists who can guide you through the options available to you. There are a number of areas that need to be considered to identify if Equity Release is right for you and if at any point we don’t feel that Equity Release is suitable, we will advise against it and suggest alternative solutions.
Your Home Is Your Asset
The value of most homes has significantly increased
Over the last few decades, meaning that many people are asset rich through property wealth, but more limited in cash resources. A recent study by the Equity Release Council (the industry trade body which safeguards the needs of borrowers) has shown that more than 60% of over 55’s haven’t had their home valued since purchase. Typically, a House bought in the late 1990s has increased on average by 156%, meaning you may have more money tied up in your home than you think.
Peace of Mind In Your Retirement
Your retirement years should be a time to relax and really enjoy life.
A period when you are able to devote more time to hobbies and interests, spend time with family and friends, improve your home and garden or travel the world on a dream holiday cruise… Historically your retirement would have been funded by your personal and state pension, plus any other applicable state benefits, investments or savings you may have accrued. However, the economic climate over recent years has put a dent in some of those expectations for many, creating money worries when approaching retirement. A well-chosen Equity Release scheme can alleviate these worries and pave the way to a comfortable retirement.