Equity Release
By unlocking some of the capital tied up in your home an Equity Release Mortgage may be a solution to fulfilling those retirement plans you have without the monthly mortgage repayments that you cannot afford to make.
Independent Financial Advisers can provide clear and professional advice on the different schemes that are available.
It is important to realise that taking a lump sum plus costs will reduce the value you have in your home and therefore the amount of any inheritance you leave. Your tax and welfare benefits may also be affected.
When you have selected your Equity Release scheme it will be necessary for you to instruct your solicitor - and the bank will have theirs - to advise you on the implications of your chosen scheme.
Trethowans can advise and will do so on a fixed fee basis.
If you would like a quotation please get in touch as we would be delighted to hear from you.
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