Why Consider Equity
Release ?
Our Pledge
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We'll look after you when you become a client
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We
will do exactly what we say we will do and when
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We
will not put you in dubious, high risk investment products
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You
will never feel under pressure to do something you don't want to
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We
are completely independent
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We
carry extensive professional liability cover
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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.
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Thank you for making this
vital initial stage so painless.....
Mrs J.B. Northwold, July
2011 |
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
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to get that conservatory built
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to replace the car with a more
reliable one
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to take wonderful holidays
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to help children or
grandchildren
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to repay high interest loans
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to supplement income and enjoy
life
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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.
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