Because we play by the book we want to tell you
We understand equity release isn’t for everyone, and we’ll never advise it’s the right option for you unless we’re certain. The most popular type of equity release is a lifetime mortgage, which is a loan secured on your home.
With a lifetime mortgage there are typically no monthly repayments to make, as the loan plus roll up interest is repaid when the plan comes to an end. This is when you or the last surviving applicant dies or moves into long term residential care.
You should always think carefully before securing a loan against your home.
Equity Release will reduce the value of your estate and may affect your entitlement to means tested benefits.
Unless you decide to go ahead, our service is completely free of charge as our usual advice fee of 1.5% of the amount released would only be payable on completion of a plan, subject to a minimum advice fee of £695.