With demand increasing, many new lenders are entering this marketplace for home owners.
It is common for clients to have significant equity, but insufficient savings to provide the standard of living they would like in retirement and later life.
Equity release can be an important part of financial planning that can help you obtain a tax free lump sum, income, ot both.
Lenders will now guarantee you can remain in your home for the rest of your life and that you won’t fall into negative equity.
Equity Release could help you:
- Pay off your existing mortgage
- Improve your lifestyle
- Home improvements
- Help children onto the property ladder
- Increase your income
- Reduce your inheritance tax liability