Equity release goes mainstream

Equity release goes mainstream

January 15 2018 | Category: Money advice

Equity release is a generic term for realising the value of some of the capital locked up in your home to be used to fund needs in later years. Whilst it is available to home owners over the age of 55, the available proportion of the equity in your house increases with age.

With pension incomes being squeezed, an increasing number of retirees are turning to equity release and drawing capital from the value of their home to fund needs in retirement.  There are also an increasing number of providers that are entering the equity release marketplace which provides greater competition and innovation.  Historically, all providers offered similar solutions but now there are a broader range of options available and making the right decision becomes much harder.

Taking advice on the most suitable solution has never been more important than it is today and Kirsty Mathis, Chilvester’s specialist Equity Release adviser, would be happy to have a discussion with you.  As a member of the Equity Release Council, Kirsty works within their strict framework and code of ethics so you can be assured of the quality of the advice you will receive.