As Equity Release is not suitable for everyone, a qualified adviser will firstly assess your personal circumstances, review all your options and then recommend if it is still the right option for you or not. If not, other alternatives will be discussed.
With over 220 different products, if Equity Release is suitable for you, the adviser will find the most appropriate and most cost effective way to release equity that best suits your needs now and in the future.
A qualified adviser will tell you precisely how much equity you can release based on finding competitive interest rates and quotes from the leading providers. The advisor will factor in your health.
A qualified advisor, will be able to select plans approved by the Equity Release Council. This means no matter how much you take with the plan you will never owe more than the value of your property.
You do not pay anything to find out from a qualified expert how Equity Release works and can rule it out if it’s not for you free of charge.
Equity release may involve a home reversion plan or lifetime mortgage which is secured against your property. To understand the features and risks ask for a personalised illustration.
Only if you choose to proceed and your case completes would a typical fee of 1.95% of the amount released be payable (minimum £1,495).