How could equity release help you?
With life expectancy continuing to increase, dwindling pension pots and the rising cost of living, equity release could provide you with an extra source of income.
For many people their home is probably their biggest financial asset, far outweighing any savings and income. A popular way to tap into this wealth is through an equity release plan. This can help home owners diversity their investments, freeing up the cash to make purchases which can improve their standard of living in retirement.
It can be a great product for homeowners aged 55 years old or over, providing them with tax-free cash, whilst in most cases, they continue to own their own home. More and more people are discovering that equity release can offer life-changing benefits.
Why Age Partnership's customers released equity?
Whether you wish to splash out on luxuries or need to pay off outstanding debts, there are a huge number of different reasons to seek an equity release plan. Those extra investments you may not have thought possible in retirement, may suddenly be within your grasp.
- Repay mortgage and other debts
- Improve lifestyle
- New car
- Help family
- Make home improvements
- How could equity release help
Tens of thousands of people just like you are already enjoying the benefits of having released funds from the value of their properties.
Think carefully before securing other debts against your home. By extending the term of these debts you will be increasing the overall cost.
It is important that you have access to the very best independent advice before you proceed. This is precisely why we are happy to discuss your options with you and everything that needs to be considered. Age Partnership’s dedicated team are happy to guide you through every step of the equity release process.
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.
Popular Next Steps
Things to consider
As multi-award-winning equity release specialists we provide impartial advice covering your options as well as explaining what impact a plan could have on the size of your estate and if your entitlement to current and future means-tested benefits could be affected now or in the future.
We provide initial advice for free and without obligation. Only if you choose to proceed and your case completes would a typical fee of 2.2% of the amount released be payable.
Equity release requires paying off any outstanding mortgage. Equity released, plus accrued interest to be repaid upon death, or moving into long-term care.