What is Equity Release?
Equity release schemes allow you to release tax-free cash from your home to boost your finances in retirement. The two main types of equity release schemes are lifetime mortgages and home reversion plans, with drawdown plans and home income plans also available. All types of SHIP approved equity release schemes allow you to:
- safely release equity from your home
- spend the cash as you wish
- make no monthly repayments
- stay in your home for life
Reasons to release equity
As the UK's leading firm of independent financial advisers specialising in equity release schemes, we've helped thousands of homeowners across the UK to make the most of their finances in retirement by safely releasing equity from their homes.
Many of them took the opportunity to*:
- make some home and garden improvements
- take holidays
- clear unsecured debts
- treat or help family or friends
- clear outstanding mortgage.
Do you quality for equity release? If so find out how much you could release with our equity release calculator.
How to find the right equity release scheme
There are currently over 40 SHIP approved equity release schemes to choose from, and you can save your estate thousands of pounds if you choose the right one.
That's where we can help. We search the whole equity release market on your behalf and offer award winning independent equity release advice about equity release that's tailor made to your individual circumstances. We can guide you through the different types of equity release schemes available to find the best possible plan for your needs.
If you are thinking about taking out an equity release plan, there are points to consider which you should read through carefully.
This is an equity release plan. To understand the features and risks, ask for a personalised illustration.
* Key Market Monitor Q1 2008
