7 reasons to consider equity release

1,000s of British Over 55s are turning to equity release to free up cash.

• Tax free payout to use straight away
• No monthly repayments
• Avoid the hassle of moving house
• Retain ownership of your home
• Calculate how much you could release

Do you qualify

In this article we look at seven reasons why equity release could be the right choice for you.

• 1. Take the financial pressure off Your retirement should be a time to relax and enjoy yourself. Sadly, this isn’t always the case and many find retirement is blighted by money worries. Using equity from your home could relieve some of these pressures, giving you the financial breathing space to relax and enjoy yourself.
• 2. No need to move As we get older the upheaval of moving house becomes less and less appealing. With a lifetime mortgage, the most popular type of equity release, you can free up income without having to move - and retain ownership of your home.
• 3. No monthly repayments Budgeting your monthly ingoings and outgoings in retirement isn’t always easy. Many pensioners don’t want the burden of another monthly repayment. With equity release, the loan and interest is usually paid off in full from the sale of your house when you die or move into long-term care. Which means there’s no need to worry about monthly repayments now.
• 4. Use the money however you want Home improvements? Paying off your mortgage or debts? Extra income? Maybe even a holiday! With equity release you can spend the money however you like.
• 5. Tax free Whilst interest is compounded on the loan amount and interest accrued, the payout you receive from equity release is completely tax free. Discover how much tax free income you could be entitled to now.
• 6. Fully regulated Equity release is fully regulated by the FCA to give you added peace of mind.
• 7. Calculate how much you could release with our free service Getting more information is easy with our free enquiry which takes just 30 seconds to fill in.

Eligible for equity release?

• 

  Female
  55 - 59

• 

  Female
  60 - 69

• 

  Female
  70+

• 

  Male
  55 - 59

• 

  Male
  60 - 69

• 

  Male
  70+

Check your eligibility for equity release

Simply fill out our 30 second form to get started.

Get my Free Quote

Good things to know

• By extracting equity from your home now, it may result in less being available for your estate in the future.
• Accessing a tax-free cash boost could influence your eligibility for means-tested benefits.
• Settling your current mortgage ahead of schedule might result in early repayment fees.
• By consulting with an Equity Release adviser that we will connect you to, you can gain insight into the advantages and disadvantages of each option, enabling you to make a well-informed choice.

Start your search for equity release