The guide to using equity release to unlock property wealth later in life

Your home may be one of the largest assets youhave. With property wealth often inaccessible, you may be considering usingequity release to unlock some of the money tied up in your home.

According to the Equity Release Council, the average new customer unlocking propertywealth releases almost £60,000. So, using equity release could provide asignificant financial boost in your later years.

However, it can have a long-lasting effect onyour finances so it’s crucial you understand what equity release means andwhether it’s the right option for you.

This guide explains:

· How equity release works

· The potential pros and cons of using equityrelease

· Alternative options that you may want toconsider.

Download your copy of “The guide to using equity release to unlock property wealth later in life” to learn more about equity releaseand some of the factors you may want to weigh up.

If you’re thinking about using equity release and havequestions, please contact us. We’ll help you understand if it’s an option thatcould be right for you.  

Please note:This guide is for general information only and does not constitute advice. Theinformation is aimed at retail clients only.

Think carefully before securing other debtsagainst your home.

A lifetime mortgage is a loan secured againstyour home. To understand the features and risks, ask for a personalisedillustration. Equity release will reduce the value of your estate and mayaffect your entitlement to means-tested benefits. Your home may be repossessedif you do not keep up repayments on your mortgage.