About Equity Release
Independent Advice on Equity Release
What is Equity Release?
For some people the only asset available to draw from is the equity built up in their home. These people are asset rich but cash poor and have no other way of raising funds.
At Acclaimed Independent Financial Advisers we offer unbiased advice and have appropriately qualified advisers who can explain the advantages and disadvantages of the available schemes and the suitability that they may offer.
Your Equity Release Options
We can advise home owners who do not wish to move, downsize or have other assets to draw on, it is possible to release a value of capital from their property via an equity release scheme. We only select lenders who comply with the SHIP (Safe Homes Income Plan) standards board and who are recognised by the Equity Release Council and can advise on the following two types of equity release schemes.
We have appropriately qualified advisers who can explain the advantages and disadvantages of the following schemes and the suitability that they may offer.
There is another option available, that of a sale and rent back scheme, however we do not advise on this option.
What we Offer
For home owners who do not wish to move, downsize or have other assets to draw on, it is possible to release a value of capital from their property via an equity release scheme. We only select lenders who comply with the SHIP (Safe Homes Income Plan) standards board and who are recognised by the Equity Release Council and can advise on the following two types of equity release schemes.
- Lifetime mortgage – where a loan is secured upon your home, and the capital advanced plus interest becomes repayable when the home is sold. To understand the features and risks of a lifetime mortgage please ask for a personalised illustration.
- Reversion scheme – where you sell part of your home in return for a regular income or a cash lump sum or both. To understand the features and risks of a reversion scheme please ask for a personalised illustration.
CHECK THAT THIS MORTGAGE WILL MEET YOUR NEEDS IF YOU WANT TO MOVE OR SELL YOUR HOME OR YOU WANT YOUR FAMILY TO INHERIT IT. IF YOU ARE IN ANY DOUBT, SEEK INDEPENDENT ADVICE.
We have appropriately qualified advisers who can explain the advantages and disadvantages of the following schemes and the suitability that they may offer.
There is another option available, that of a sale and rent back scheme, however we do not advise on this option.
We have appropriately qualified advisers who can explain the advantages and disadvantages of the following schemes and the suitability that they may offer.
There is another option available, that of a sale and rent back scheme, however we do not advise on this option.
