EQUITY RELEASE
Many people that are 55 years’ old or over; use equity release to unlock house value from their homes. Released equity can be used for essential home maintenance and repairs; to gift children or grandchildren a lump sum as part of living inheritance planning, or to supplement later life income. A range of equity release finance products, including lifetime mortgages; are available. Very often equity release comes from a home that will form part of inheritance. We understand that equity release decisions can impact families, and more than one generation. We have dedicated equity release specialists here at Marchwood IFA. This is so that you can make far reaching financial decisions with confidence.
Speak to us in confidence…
How we consult with you
We like to start with a face to face meeting. This allows us to understand your financial aims and your current finances. We will explain how equity release works and what the pros and cons are. We will also discuss equity release alternatives. Our first consultation with you is free; we will not make any recommendations during this meeting.
At our next consultation we will present products that we believe are the most suitable for you. We expect that you will have lots of questions for us. We will do our best to answer those questions and to explain everything to you in plain English. We will leave you with a finance illustration of the product. We will give you time to reflect on all of the information that we have provided to you.
Assuming that you wish to go ahead, we will arrange a further meeting to complete the mortgage application; and to answer any further questions that you may have.