Looking For Local Equity Release Advice?
For Local North East Residents We Offer A FREE No-Obligation Meeting Where We Answer Any Questions You May Have
We provide initial advice for free and without obligation.
Only if you choose to proceed and your case completes would a typical fee of £1,795 be payable.
Are you over 55 and looking for ways to fund a comfortable retirement?
Your home is probably your biggest financial asset.
Equity release allows you to access some of the value tied up in your home and turn it into tax-free cash to cover things like:
One-off purchase e.g. new car, caravan or holiday
Enable a more comfortable retirement
Help friends or family members financially
How does equity release work?
The value of your home, minus any outstanding mortgage, is described as your ‘equity’.
An equity release plan is a way of accessing extra cash without having to move.
To qualify for an equity release scheme, you must be a homeowner aged 55 or over, or if the property is jointly owned then both parties must be over 55.
With some equity release plans there are no repayments to make and with a lifetime mortgage, you continue to own your home.
Plans all come with a ‘no-negative equity guarantee’ which means you will never pass on debt to loved ones, and some plans include an option to guarantee an inheritance.
Your adviser will explain how equity release will affect potential inheritance and how your entitlement to means-tested benefits could be affected now or in the future.
Equity release may involve a home reversion or a lifetime mortgage, which is secured against your property. To understand the features and risks, ask for a personalised illustration.
Equity release requires paying off any existing mortgage. Any money released, plus accrued interest would be repaid upon death, or moving into long-term care.
Get specialist equity release advice
We know this can be a big decision for you to make, which is why we’ve teamed up with the UK’s number one equity release advisers, Age Partnership.
As our trusted Partner, the Age Partnership adviser will make sure you understand all the options available to you
At your free consultation, you’ll find out everything you need to know about equity release and whether it’s right for you.
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Meet some of our clients and see what they think of us...
Joslin Rhodes is a trading style of Joslin Rhodes Lifestyle Financial Planning Ltd and is authorised and regulated by the Financial Conduct Authority. Registered in England and Wales, company no. 6446109, VAT number 284 3675 70. FCA regulated services provided by Joslin Rhodes are covered by the FOS/FSCS (not all services provided are covered by the FOS/FSCS).