Retirement Line do not provide an equity release service. However, we know that deciding whether or not to release equity from your home is one of the biggest decisions you’ll ever make and one you’ll probably need some help with. That’s why we would be happy to refer you to a specialist equity release firm.
We understand that releasing equity is a big step, so your equity release adviser should never encourage you to agree to take out equity release until both you and they are fully satisfied that it’s right for you. It must suit your individual needs and circumstances, and help you achieve your financial objectives efficiently.
Lifetime mortgages are not suitable for everyone and your specialist will inform you if they think another product would suit you better. For instance, an equity release plan will reduce the value of your estate, and may affect your entitlement to state benefits.
Your specialist will provide a two stage appointment process. In the first meeting they will review your needs to understand your retirement objectives. During the second meeting, they will make a recommendation as to whether a lifetime mortgage is right for you or not based on your circumstances. If it is, they’ll let you know the best product for you, how much you can release and the costs involved. They’ll also let you know if there will be any impact on your tax and welfare benefits.
The aim of referring you to an equity release specialist is simple — to help you understand equity release and the lifetime mortgages on offer. They can visit you in the comfort of your own home, or at a place convenient to you to talk through any questions you may have. You’ll be under no pressure whatsoever and you can be assured that they will only ever make a recommendation that suits your circumstances.
That’s why they arrange things so that you have all the time you need to find out what you need to know; and to talk things through with your family.
All you need do now is get in touch. And please rest assured they will support you throughout the application process, and stay in touch with you after you have received your money.
Call us now to arrange a meeting with an equity release specialist on 0800 652 1352
Equity release may involve a lifetime mortgage or home reversion plan which is secured against your property. To understand the features and risks, ask for a personalised illustration.