How do I know if I qualify for Equity Release?

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If you are a homeowner and are aged 55 or over you could qualify for equity release, and you could benefit from releasing a tax-free lump sum or an additional regular income from your home.

Your final eligibility will depend whether your home meets the general property requirements needed for your chosen equity release product.

How will Equity Release benefit me?

It’s tax-free. Because the money you’ll receive is yours anyway – you’re simply ‘releasing’ it – there is no tax to pay.

The funds are then yours to spend on whatever you choose – there are no restrictions.

In simple terms, the additional disposable funds that you can obtain through equity release allow you to enjoy a more comfortable retirement.

How do I know if Equity Release is right for me?

Every person’s situation is different, so you should seek financial advice as to whether equity release is the right choice for you.

For free and impartial advice call our Freephone Helpline on 08080 555 222. We’ll take the time to listen to your needs and if we think it’s not right for you, we’ll tell you.

How do I calculate how much equity I can release from my home?

Use our online equity release calculator which will very quickly and easily give you a general guide as to how much money you could release from your home.

Free Equity Release Advice

Information on equity release is all well and good, but everyone’s situation is different. To discuss your own personal situation, discuss whether equity release is the right choice for you – and to check your eligibility – then you can call Age Partnership for free impartial equity release advice.

Call our team of experts free of charge on our 24 hour equity release helpline: 08080 555 222.

Alternatively Request a Callback and one of our experts will call you.

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  1. Do you qualify for Equity Release?

Written by Janice-Walsh

May 26th, 2009 at 4:16 pm