Equity release explained

Extra tax free cash to allow you to do the things that matter most in life!

Why equity release?

You’ve worked hard all your life to pay for your home. Why not benefit from some of that equity now to help fund your retirement plans?

Some of the common reasons for releasing money include:

• Home improvements
• Topping up monthly income in retirement
• Buying a new car
• Taking a special holiday or funding more holidays
• Paying for healthcare
• To give money to children or grandchildren

Whatever your reasons, once you’ve released the money you can do what you want with it. Equity release is a lifetime commitment to be used as part of your overall retirement planning, however, there may be more suitable short-term solutions for your circumstances and taking equity release will reduce the inheritance you leave.

Equity release as a lifestyle choice

There are some major social and economic trends that account for the increasing popularity of equity release as a lifestyle choice.

For example, on average, we’re now living longer than ever before. Meaning more years to enjoy life. But as retirements are lasting longer, you could find yourself short of the funds you need to pay for the comfortable retirement you deserve.

Equity release can provide that extra money you’re looking for to top up your income, especially if living costs are rising faster than pensions and savings.

Retirement Line do not provide an equity release service. However, we can refer you to an independent equity release specialist. Call us now 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.