In my experience as an Equity Release Specialist, I am aware that the following scenarios are not realised as possible within Equity Release – They are!
MOVING HOME WITH EQUITY RELEASE
Equity Release can be used to enable you to move to another property in retirement.
PROTECTING YOUR BENEFICIARIES INHERITANCE
You can specify what percentage of your property you would like to leave to your beneficiaries whilst enhancing your retirement.
REPAYING YOUR EQUITY RELEASE
You have the option to pay back your Equity Release with a Defined Early Repayment Scheme at any time in the future.
SHORTFALL IN INCOME WHILST IN RETIREMENT
Equity Release provides a facility to drawdown funds to supplement your income.
GUARANTEED DRAWDOWN SCHEME
The facility to receive a lump sum with further funds available to drawdown over the following 15 years.
LUMP SUM TO REPAY DEBTS WITH EQUITY RELEASE
One off lump sum available to repay credit cards, loans, mortgage, and all other debts.
GIFT FUNDS TO CHILDREN
To be able to gift funds to your children to enable them to get on property ladder etc.
ENHANCING LIFESTYLE IN RETIREMENT
Equity Release can be used to fund home improvements, purchase a new car or a holiday home, travel to see friends & family abroad, have holidays and to fulfil dreams and aspirations.
All the above options are available to most people aged 55 and over, to discuss your own personal situation regarding Equity Release then please contact us, with no obligation and no pressure.