Equity Release

Equity release is advertised heavily in the media but it is important to obtain independent financial advice before deciding if it is the right thing for you.

There are many providers and products – we help clients find the right solution for their personal circumstances.

Taking money out of your home via an equity release scheme is sometimes seen as an alternative to downsizing. Equity release means you can stay put without the stress and expense of moving.

The ‘equity’ in your home just means the market value of your home less any loans or debts (like a mortgage) you have secured against it.

Equity release gives you the chance to use the money tied up in your house – whether that’s making home improvements, or seeing loved ones enjoy their inheritance in your lifetime.

There can be Inheritance Tax advantages of using equity release in the right circumstances.

To be eligible for an equity release plan, you’ll need to be a UK homeowner age 55 or over. Even if you still have a small mortgage on your property, you could still be eligible.

Contact us to discuss if equity release is right for you.

Testimonials

  • I came into inherited for which I required advice for investment. Marcus talked me through the possibilities and explained why he recommended a particular course of action. I am confident that the investments will - or should - result in a worthwhile return. Nothing of course is guaranteed, but judicious selection, along with a spread of investments should give a reasonable degree of security

  • With retirement only a short number of days away it was time to review my investment plans and pension options. Marcus provided an investment plan more suited to my needs that current and continues to look for the best pension options for my future plans and needs.

  • Having recently retired, Dave advised me on the best way to maximise my pension income. Dave was knowledgeable, informative & instilled confidence. Dave was helpful. Professional & instilled confidence.

  • Recommendation from a friend. Mr Stealey had consistently provided a financial service of distinction. His years of experience and depth of knowledge has been called upon by myself on a number occasions. Each time I have found the service provided not only highly professional but tailored specifically to my financial needs. Romilly Financial has recently been of great assistance in a recent buy-to-let venture offering a highly personal service, to the extent of visiting me in my home in order to expedite a mortgage application.

  • We needed a financial planner for our limited business. Dave is brilliant, he know his stuff but explains everything in a way that someone not financial literate can understand. He's friendly but professional and keeps things straightforward and simple.