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You need to own your home
Minimum property value should be over £70,000
Each homeowner needs to be 55 years or older
Property needs to be in the UK
Our trusted partners, Responsible Life provides high quality, jargon-free independent advice on their Equity Release products to its customers. Their objectives are to provide you with comprehensive Equity Release plan options based on your eligibility and financial objectives. Prestige Wealth Planning Ltd, New Wave Financial Services Ltd and Key Retirement Solutions Ltd are Authorised and Regulated by the Financial Conduct Authority.
Over the years, your home may have gone up in value. Now, if you’re a homeowner over 55, you could release some of that money – equity – tied up in your home with equity release. It’s tax free, there’s no need to downsize and the money’s yours to use however you wish.
4 Reasons Why Equity Release Is So Popular With Homeowners Aged 55+ Include:
The money you release is tax free
You can still own your home
There's no need for monthly repayments
You can use the money however you wish