Trusted Equity Release

11/03/2024

I read with interest that one of the biggest equity release broker firms is claiming to have a unique product to them, the Payment Term Lifetime Mortgage, well thats not true. It is available to all Equity Release Council brokers and is a great addition, and innovation to the lending for later life.
Should you have an interest only mortgage, with no way of repayment, then this could be a perfect fit for you.........if so please contact us on 01354 688018 or [email protected]

Call now to connect with business.

29/02/2024

Unlocking Financial Freedom: Exploring the Benefits of Equity Release
In today's world, where financial stability and security are paramount, many individuals find themselves seeking alternative solutions to bolster their retirement funds or meet unexpected expenses. One such solution is equity release. Let's explore its benefits.
Firstly, equity release offers the opportunity to tap into the wealth tied up in their home. By releasing equity from their property, homeowners can access a lump sum or regular income without having to sell their home or downsize.
One of the key benefits of equity release is its flexibility. Whether you have outstanding debts to clear, want to fund home improvements, or simply need extra income to enjoy retirement to the fullest, equity release allows you to tailor the funds to meet your specific needs. This flexibility enables individuals to maintain their standard of living and/or achieve their financial goals.
Furthermore, equity release is often viewed as a tax-efficient way to access funds. Unlike traditional loans or withdrawals from pension pots, the money released through equity release is typically tax-free, providing a welcome relief for many retirees facing a fixed income and rising living costs.
Equity release offers peace of mind by providing a source of income for life (via drawdown) or until the property is sold, whichever comes first. This assurance can be invaluable, especially for retirees concerned about outliving their savings or needing to cover long-term care costs.
Moreover, equity release ensures that ownership is retained and that the right to continue living in their home for as long as they wish. Unlike downsizing, which may involve upheaval and the emotional strain of leaving familiar surroundings, equity release enables homeowners to remain in the place they've called home for years, surrounded by cherished memories.
Additionally, for those who wish to support their loved ones financially while still alive, equity release can provide a means to do so. Whether it's helping children onto the property ladder, funding grandchildren's education, or simply providing financial assistance during challenging times, equity release can facilitate this.
The benefits of equity release are clear: financial flexibility, tax efficiency, peace of mind, the ability to remain in your home, and the opportunity to support loved ones.
However, it's essential to carefully consider the implications and seek independent financial and legal advice to ensure equity release is the right option for your circumstances. When used responsibly, equity release can unlock a world of financial freedom and enhance your retirement years.

28/02/2024

Equity release is becoming more popular with the middle classes, as applications for those with higher-value properties have spiked, figures have shown.
According to published figures 2023 saw an increase in equity release applications from homeowners with a property value between £250,000 and £399,999 to 36 per cent. This is a rise from 35 per cent in 2022.
Also applications for properties between £400,000 and £549,999 have jumped to 19 per cent in 2023, an increase from 17 per cent in 2022.
The data shows that the middle classes were “firmly comfortable” in using equity release to support family members through gifting, as 12 per cent of equity release among owners with properties valued between £400,00 and £700,000 went towards a living inheritance.
The report noted that those applications from applicants who owned homes more than halved between 2022 and 2023 from one per cent to 0.4 per cent.
Those applying with properties valued between £100,00 and £249,999 fell two per cent year-on-year (YOY) to 26 per cent in 2023.
These latest figures demonstrate unequivocally that lifetime mortgages are anything but a product of last resort for those from lower social economic groups, and have instead evolved to become an effective financial planning tool for over-55s from all walks of life.
The shifts in house values among applicants points to equity release increasingly being used by the middle classes, with one in 25 cases also coming from owners of £1m properties, underlying the broad audience that modern and sophisticated equity release products now appeal to thanks to ongoing product development.

23/08/2023

https://www.ageuk.org.uk/cambridgeshireandpeterborough/about-us/news/articles/2023/our-first-guide-to-later-life-in-cambridgeshire--peterborough/

Take a look at our first Guide to Later Life in Cambridgeshire & Peterborough. This is the first issue which will be released yearly.

17/06/2023

Last piece of merchandise for the gala's to be attended, and for introducers........we do what it says on the mugs

04/06/2023

As its a beautiful sunny summers day, and the gala season will be upon us anytime, I have decided to dry run my stall for the forthcoming planned events, with more to book in. Many Thanks must go to Phil at D7D for my marketing material, he is spot on. Looking forward to seeing some of you at the events attended, please do stop for a chat....and like and share if you could please, all help really is appreciated

20/04/2023

I am delighted to announce that I have attained the necessary criteria and passes to become a member of the select group of advisers who have attained membership to SOLLA, the Society of Later Life Advisers. This is additional and a further layer of protection to my clients for the advice that I give. This is a voluntary accreditation but one I am proud to have achieved. Hopefully some of you will be able to benefit from the advice I can give.
The aim of SOLLA is to raise awareness of potential financial issues in later life and help consumers find a local adviser who is well-qualified to provide advice for older people and their families.
I believe this helps give you the peace of mind that specialist knowledge of this ever-changing sector is at hand and I can help you every step of the way.

20/04/2023

I am delighted to announce that I have attained the necessary criteria and passes to become a member of the select group of advisers who have attained membership to SOLLA, the Society of Later Life Advisers. This is additional and a further layer of protection to my clients for the advice that I give. This is a voluntary accreditation but one I am proud to have achieved. Hopefully some of you will be able to benefit from the advice I can give.

The aim of SOLLA is to raise awareness of potential financial issues in later life and help consumers find a local adviser who is well-qualified to provide advice for older people and their families.
I believe this helps give you the peace of mind that specialist knowledge of this ever-changing sector is at hand and I can help you every step of the way.

20/03/2023

The uses for equity release are ever changing. Whatever reason you wish to release money to fulfil your needs, lifetime mortgages could be a viable solution to consider as part of your retirement planning.
To learn more about the uses of a lifetime mortgage and how it could cater to your needs visit our website here

Independent & specialist equity release advice Are you looking for expert advice about equity release in Cambridgeshire, Lincolnshire, Norfolk, or Suffolk? Would you like to unlock your home’s potential so you can enjoy a more comfortable retirement? Would you like more financial freedom? We offer...