Uses for Equity Release

The following list are examples of real-life situations where a customer has decided to  complete a scheme. It is intended to give a feel for the real value that these people have enjoyed:

  • Repayment of a mortgage to increase monthly income
  • A tax-free lump sum for a private hip operation to avoid a lengthy waiting list.
  • Help a family member buy their first home.
  • Help finance a move to a new home.
  • Replacement of family car and home improvements.
  • Supplement pensions and share investments.
  • Reduce the value of the estate and save on Inheritance Tax.
  • Be with the grandchildren and ‘enjoy my money whilst I am alive’
  • Buy a motor-home to travel throughout Europe.
  • Just to have the money to spend as I want, when I want’.

Our clients have also used equity release to purchase a villa in southern Spain, to pay for gas central heating and another simply doubled her annual income, making an enormous difference to her lifestyle.

 

Contact Us:

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

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