| What is Equity Release? |
|
|
|
Equity release schemes allow you to take advantage of the equity built up in your property. If you are a home owner aged 55 or over, you could be eligible to release cash from your property; in the form of a tax-free cash lump sum or an income for life. Equity Release schemes today are increasingly flexible and are designed to meet modern day lifestyles.
Each type of equity release scheme can help you to make the most out of your retirement by safely releasing equity from your home to spend entirely as you choose. All plans are regulated by the FSA. These are lifetime mortgages and home reversion plans. To understand their features and risks, ask for a personalised illustration. For details of our fees for mortgage advice, please see the “How we are paid” page. |