Who can benefit?
Equity release is available to homeowners who are aged 55 or over, and could benefit from either an additional lump sum of money or a more gradual injection of funds over time.
Because the money raised using equity release belongs to your clients in the first place - they're simply releasing it - the cash that they receive is tax-free and can be spent on whatever they like.
However, if they have a mortgage secured against the property, some of the money they release must be used to pay this off.
Furthermore, with the most popular form of equity release, the lifetime mortgage, there are no regular monthly repayments to make and they continue to own 100% of their home throughout. Click here to register with us now.
Here are some popular examples of how equity release could help your clients:
- ✔ Improve their home
- ✔ Clearing their mortgage
- ✔ Making a one-off purchase, such as a car, caravan or holiday
- ✔ Helping family members
Our qualified and experienced advisers will discuss with your clients the impact equity release may have on their entitlement to any means-tested benefits they may receive now and in the future, and the effect it can have on their estate.
Find out if your clients qualify
If your client is a homeowner aged 55 or over, they could be eligible to take advantage of releasing equity from their property.
Call us today on Freephone 08080 444 555 to find out how much equity your clients could release.