The following list are examples of real-life situations where a customer has
decided to complete a scheme. It is intended to give a feel for the real
value that these people have enjoyed:
• Repayment of a mortgage to increase monthly income
• A tax-free lump sum for a private hip operation to avoid a lengthy waiting list.
• Help a family member buy their first home.
• Help finance a move to a new home.
• Replacement of family car and home improvements.
• Supplement pensions and share investments.
• Reduce the value of the estate and save on Inheritance Tax.
• Be with the grandchildren and ‘enjoy my money whilst I am alive’
• Buy a motor-home to travel throughout Europe.
People have also used equity release to purchase a villa in southern
Spain, to pay for gas central heating and others have simply doubled their
annual income, making an enormous difference to their lifestyle.
If equity release is suitable for you then the benefits can be priceless. If
you are considering equity release, obtain impartial advice. It costs nothing
to obtain a free personalised illustration.
This is a Lifetime Mortgage. These are only applicable to those 55 and over, and it could affect eligibility to state means-tested benefits and the inheritance you may leave. To understand the features and risks, ask for a personalised illustration.
