29 Wood Street, Stratford-upon-Avon, CV37 6JG

Equity Release Council
Equity Release Advice

Is Equity Release for you?

In the right circumstances releasing capital from your property through an Equity Release scheme can be an ideal way of raising money. However, it will not suit everyone and it is important to seek independent financial advice before making any decisions.

Generally suitable for:

Equity Release schemes can be beneficial in the following circumstances:-

1. People aged 55 and above.

2. Boosting your income in retirement.

3. Raising money for that holiday of a lifetime or to help with home improvements.

4. Helping children or family members with financial problems.

5. People who are happy to leave part of their home to their loved ones on death.

6. Consolidating existing debts whilst not having to make any monthly repayments.

7. Inheritance Tax Planning.

8. Moving to a more expensive property such as a bungalow for those with concerns on their mobility.

Not generally suitable for:

However, Equity Release will generally not be suitable in the following circumstances:-

1. People under the age of 55

2. People who receive means tested benefits as these could be lost if you release money from your property. Although the drawdown schemes can allow applicants to keep any savings below the level that would affect their benefits.

3. People with substantial savings as it is better to use any savings before considering an equity release.

4. People who want to leave the full value of their property to their loved ones on death.

Equity Release will reduce the value of your estate and can affect your eligibility for means tested benefits.

Inheritance Tax Planning is not regulated by the Financial Conduct Authority.

If you feel you fall into the beneficial categories and would like to find out more about Equity Release schemes
why not e-mail your name and telephone number to hugh@copiafinance.com and we will call you for a free initial assessment.
Alternatively, you could just telephone us now and speak to Hugh on 07967 011 207.