Equity Release could provide you with the extra cash you need...

Equity release is a way of unlocking a proportion of the value – or equity – you have in your home in exchange for a tax-free lump sum. It means you could enjoy the benefits of having additional cash during your retirement, to spend on almost anything you want – and you don’t need to move home.

The Moneyfacts Equity Release Advice Service, provided by Just Retirement Solutions, will help you decide if equity release is right for you:

Your adviser will take time to understand your personal needs and recommend the right equity release product for you.

Their advice is always quality checked, and you can be confident that neither you nor your loved ones will ever owe more than the value of your home.

If you want to leave an inheritance for your loved ones, your adviser will explain the options you have.

During your appointment a specialist adviser will explain the different plans available, the pros and cons of each, and why equity release reduces the value of your estate.

You’re absolutely under no obligation to buy, although an advice and arrangement fee of £749 will be charged if you purchase a product that Just Retirement Solutions recommends.

Moneyfacts.co.uk has chosen Just Retirement Solutions to offer the Moneyfacts Equity Release Advice Service. Any legal or contractual relationship will be between you and Just Retirement Solutions.

Simply call 01737 233462 & quote MFER04 today to find out more about equity release or to book a no obligation consultation with one of our expert advisers. Lines are open 9am to 5pm, Monday to Friday (except Bank Holidays). Calls may be recorded or monitored, and may be charged.

What would you use equity release for?

With equity release you can stay living in the home you love and at the same time access the extra cash you need for your retirement. You can spend this on almost anything you want.

We’ve found popular uses for equity release to be:

Improve or repair your home

Go on a holiday of a lifetime or buy a new car

Give family financial help or gifts

Re-mortgage – if you have an existing mortgage but do not want to continue making monthly payments*

Clear any current borrowing such as loans and credit cards*

Consolidating an existing mortgage or current debt using equity release could end up costing more in the long term.

So, equity release could be an option if you don’t want to downsize or move to an unfamiliar area. 

Are you eligible?

To be eligible for equity release:

  1. You must be aged 55 and over** (youngest applicant if a couple)
  2. Own your own home of standard construction in the UK
  3. Your property value must be £70,000** or above

** Minimum age and property value varies between product providers

Helping you make the right choice

The Moneyfacts Equity Release Advice Service, provided by Just Retirement Solutions, has helped retirees like you release an average of £41,988^ from their homes. Their expert advisers will let you know whether equity release is right for you and if not, will aim to help you find another way to get the money you need.

They’ll take the time to understand your needs and concerns, and will answer all of your questions. You can relax knowing that the product you’re recommended is provided by a member of the Equity Release Council, an industry body that helps ensure all products are safe and accessible for consumers.

As part of the service your adviser will explain how equity release may affect your entitlement to means-tested benefits and carry out a free state benefits check to make sure you’re not missing out on any you’re entitled to. In 2015 over half the people Just Retirement Solutions spoke to were eligible to claim benefits, with new claims worth up to £6,890 a year*.

There's no obligation or pressure to buy and you're encouraged to invite family or close friends to your appointment - which can be held over the phone, or face-to-face in the comfort of your own home. If leaving inheritance is important to you, tell your adviser as it's possible to do both.

^Average initial release value taken by unique Moneyfacts customer, between 2007 - July 2016

* Based on a sample of 196 Just Retirement Solutions customers between 1/1/2015 and 31/12/2015

So why not get in touch today and find out more about equity release?

Simply call 01737 233 462 & quote MFER04 today to find out more about equity release, or book a no obligation consultation with an expert adviser. Lines are open 9am to 5pm, Monday to Friday (except Bank Holidays). Calls may be recorded or monitored, and may be charged

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Just Retirement Solutions. Registered office: Vale House, Roebuck Close, Bancroft Road, Reigate, Surrey RH2 7RU. Registered in England Number 05125701. Just Retirement Solutions is authorised and regulated by the Financial Conduct Authority.