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Tel: 0800 085 3181

Testimonials

Mr Spires

"Thanks for your advice, my daughter & grandson are delighted with their home purchased with the funds of my lifetime equity release arrangement you so carefully arranged for me.

Thank you for your help in making this possible."

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Information On Equity Release

There are many reasons why people choose equity release and there are no restrictions on what you can use the money for. Equity release can give you the choices and freedom to enable you to enjoy your retirement without having to move from your home.

At Equity Advice Line we fully understand that each client has their own objectives and aspirations, we treat every client as an individual whilst offering an equal quality of advice and service. Whether you are just starting out on your journey considering whether equity release is an option you want to consider and want some general information on equity release or if you are at the stage where you are wanting advice and a personalised illustration you can call us on our freephone number 0800 085 3181 and we will be able to discuss and provide you with information on equity release.

There are many reasons why people choose to use equity release and below are a few examples:

Home improvements
Repaying an existing mortgage/debts to reduce monthly outgoings and to take away the worry of having to make these monthly payments
Enabling you to pay for a much needed operation as opposed to having to wait
Helping family members, seeing them benefit now rather than later when it is needed
Generating additional income to help improve lifestyle
Equity release can be an affective part of a wider inheritance tax mitigation plan, but only when the individual also needs additional cash or income. When considering this you will need to speak to an inheritance tax specialist

One of the great advantages of equity release is that you do not have to move home. Moving home is an obvious and cheaper alternative to equity release but it is not always suitable. Over the years will you have seen your property go up in price and you will have many happy memories, developed lifelong friendships with neighbours and got the property to how you want it, the prospect of starting again and making new friends or moving to a cheaper area may be a too big a compromise for you to make.

Possible drawbacks

Equity release is not always the best solution and here at Equity Advice Line before providing you with the information on equity release you require we will look at alternative options available to ensure we are giving the best advice and that equity release is right for you. For example if you are eligible for means tested benefits taking out equity release could affect your entitlement to means tested benefits, our equity release specialist will review this with you to ensure that equity release is going to be beneficial to you.

Apart from providing you with a personalised illustration which will give you the information on equity release needed to make an informed choice we discuss all options to ensure you are making the right choice. We also encourage you to involve your family in your decision as your plan will reduce the value of your estate which will then reduce the amount you can leave to your beneficiaries.

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What is Equity Release? Benefits of Equity Release How Safe is Equity Release? Why Choose Equity Advice Line?

Equity Release Schemes will reduce the value of your estate and may affect your entitlement to state benefits.
Equity Release may involve a Lifetime Mortgage or a Home Reversion Scheme. To understand the features and risks ask for a personalised illustration.
Equity Advice Line is registered in England and Wales, company Registration number 6391398, is directly authorised by the Financial Services Authority, FSA number 485022.
Our typical fee is £495 paid on completion and we will also be paid commission by the lender/provider. We also offer the choice of a fee only option where you will pay a higher fee and the commission paid by the lender/provider is refunded back to you. Consumer Credit Licence number 624653.