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:
- You must be aged 55 and over** (youngest applicant if a couple)
- Own your own home of standard construction in the UK
- 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
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