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Yeovil: 01935 848764 

Equity Release Planning Financial Advice

There are two main types of equity release plan available:

  • Lifetime mortgages
  • Home reversion plans

Both of these plans will allow you to remain in your home and release cash to use for whatever purpose you want.

With equity release you: 

  • Have the flexibility to receive a tax-free cash lump sum
  • Can use the cash for whatever you wish
  • Will not have to move home
  • Have the option to guarantee an inheritance for your family
  • Have the right, with most plans to move to another suitable property without any financial penalty.

Equity release may involve a lifetime mortgage or a home reversion plan. To understand the features and risks, ask for a personalised illustration. Equity release is not right for everyone; it may affect your entitlement to state benefits and it will reduce the value of your estate.


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