Equity Release Help

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Why Consider Equity Release ?

Our Pledge

• We'll look after you when you become a client

• We will do exactly what we say we will do and when

• We will not put you in dubious, high risk investment products

• You will never feel under pressure to do something you don't want to

• We are completely independent

• We carry extensive professional liability cover

• We act for you, not an insurance company or bank

Do we sound like your type of adviser? If so, read on then get in touch. See about us for details of qualifications and terms of business.

You may be living in a property which has soared in value in recent years; many properties have, especially here in Norfolk and Suffolk. This "bricks and mortar" wealth means that whilst you might be relatively wealthy on paper, but you can't spend capital on the finer things in life. This is especially true if you rely on bank interest to supplement your income.

There are many retired people who manage on a small pension and limited savings and who need to supplement their income for the daily essentials of life.

An Equity Release or Home Reversion plan could enable you to release some of the value embedded in your home. However, many are irrevocable arrangements, so careful planning and taking independent advice is

absolutely vital.

Whilst there are a range of Equity Release and Home Reversion plans offering lump sums and/or regular income, they all work on the same principle: they lend you a part of your home’s value in return for a share of the proceeds when you die.

People release equity for all kinds of things

Retirement may increasingly be associated with fear - fear that we will outlive our savings. On the other hand it might be the beginning of the "third age" as we enjoy increasing live expectancy.

As result your retirement could last for 25 years or more - latest statistics show that the average 65 year old male will live to the age of 83.5 years and the average 65 year old female to the age of 87.2 years (Source: Govt Actuaries Department). Indeed, projections suggest that life expectancies at these older ages will increase by a further three years or so by 2020. The expectation of life for people at 70 and 80 has also risen.

This means that you will have to support yourself much longer than you had probably ever anticipated. Releasing money from your home is one way to achieve this, but this should only be done after obtaining independent financial and legal advice.

Age UK (previously Age Concern) and the Financial Services Authority both recommend getting independent financial advice before proceeding with any Equity Release, Home Reversion or Home Income plan. We are pleased to say that we appear on the list of advisers on the Age UK (Norfolk) list of advisers.

Our standard fee for researching and implementing a scheme is £500. This is payable half at application and half on completion.

We will receive and retain a procuration fee from the product provider as well.
 

Equity Release Help is a trading style of Asset Investment Management Ltd, Drayton Old Lodge, Drayton, Norwich, Norfolk, NR8 6AN
Independent Financial Advisers

Tel 01603 869988

Authorised and Regulated by the Financial Services Authority No 462797. Registered in England and Wales
company registration number 5880144.

Tax advice is not regulated by the Financial Services Authority

Equity Release in Norfolk     Equity Release in Suffolk    Equity Release Schemes   Releasing Equity from your Home