About Equity Release

What is Equity Release? The value of your home, less any mortgage is known as ‘equity’. Equity Release is the name given to a range of financial products that convert a proportion of that equity into cash for your own use.

Equity Release Plans usually have the following common factors:

  • Equity Release has a minimum age of 55.
  • You receive a guaranteed tax-free cash sum or income for life.
  • You continue to live in your home for as long as you wish.
  • There are no repayments required until your home is sold. This is normally after your death or entering long term care.
  • You have the freedom to move to a suitable property should you wish to do so in the future and transfer your equity release plan to your new home.
  • Your estate will not be liable for any debt beyond the property value regardless of future house prices.


Please have a look through the tabs to the right of this page for more information.


Contact Us:

Tel: 01206 700321   Email: admin@responsiblefinancialplanning.co.uk

1 George Williams Way, Colchester, Essex, CO1 2JS