Equity release allows you to take the capital from your home, either to spend as you wish or to buy an income that you can use towards a more comfortable retirement – or a combination of both.
There are many equity release schemes available but finding the right one for your circumstances requires expert advice. After all, equity release is a lifetime commitment so it is important that you have all the facts before you, so that you can make an informed decision.
At MT Financial Management we do not advise on equity release schemes; however, we can put you in touch with expert advice to help you find the right scheme for you, which will:
- Explain the costs
- Advise you on the potential risks involved
- Clarify the effect on issues such as inheritance tax and entitlement to any welfare benefits
We understand that equity release is a big decision so we, and our expert partners, will help you look at all your financial options, to allow you to decide if this is the right way forward for you.
For more information on MT Financial Management in Spalding, Wisbech and Market Deeping, please contact us.