Are you aged at least 55 and own your own home? Would you like to release ‘equity’ from your house to provide either a lump sum or an income without having to make any monthly repayments? Would you like to benefit from the money tied up in your home without having to move?
Why should I consider Equity Release?
Equity release is sometimes also referred to as a lifetime mortgage. It can provide a flexible cash facility over your remaining lifetime which could help you to maximise your enjoyment in retirement. In fact, one of the main reasons people use equity release schemes to release money from their homes is to supplement their pension income.
It is very important to seek professional advice as equity release schemes may work out more expensive than alternatives such as downsizing to a smaller property and can also limit a customer's options for moving house in later years.
What can Census Financial Planning do for you?
Equity release is a lifetime commitment and our team of experienced advisers will explain all of the costs and risks involved, including how it reduces the inheritance you leave and the effects on your tax welfare benefits.
Equity release is a big decision, so we'll look at all your options before deciding if equity release is right for you.
Census Financial Planning can provide independent advice on equity release schemes and equity release mortgages available throughout the UK. Equity release schemes can be helpful in certain circumstances but are not suitable for everyone.
Give us a call today to get advice on how YOU can release equity that has built up on your property.
'Equity Release' refers to home reversion plans and lifetime mortgages. To understand the features and risks, ask for a personalised illustration.
We would charge a typical fee of £1,000 per equity release case.
Equity Release schemes may work out more expensive than alternatives such as downsizing to a smaller property.
Equity Release can limit a customer's options for moving house in later years.