04/03/2025
"If I do equity release, what happens if I go into care?"
We've put together 5 answers to the frequently asked questions regarding equity release and going into care.
Learn more below.
https://www.bowerhomefinance.co.uk/equity-release-articles/what-happens-with-equity-release-if-you-go-into-care/?utm_source=facebook&utm_medium=social
All Bower Home Finance equity release advice is independent and whole of market, and may involve a home reversion plan or lifetime mortgage. A typical fee of £1,695 for advice is payable on completion. Equity release will reduce your estate's value and may affect your entitlement to means-tested benefits. Equity release may result in limited or no property equity-remaining and will reduce your financial options in the future.
What happens with equity release if I go into care? Can I use equity release to pay for care? Our experts are here to answer your questions surrounding