Is equity release right for you?
It’s common for people over the age of 55 to have a significant amount of their money tied up in the value of their home, meaning that they cannot use it for other investments. Equity release allows people to take a lump sum or series of smaller financial instalments out of their property so that they can access their money without moving house.
Equity release is frequently used to fund one-off expenses, such as a new car, a big family holiday or significant home improvement. It can also be used to boost lifestyle costs and add to any other retirement income as a way of living more comfortably in later years. Different equity release schemes work in various ways, so it’s important to do your research and seek professional advice about how your finances might be affected in the future, before making a commitment.
I have been working in financial services for over 18 years and have helped countless clients understand their options when it comes to equity release. If you are considering how an equity release scheme might benefit your situation, I would be happy to provide you with an independent assessment to help you make a decision. I can also provide you with a free, no-obligation estimate of the equity you may be able to release from your home. Call me on 01903 890 660 or fill in the form on this page and I will respond as soon as possible.
Working with John Whyte Equity Release
I have been working as an equity release specialist for over a decade, following many years as a mortgage advisor and IFA. From our office in Worthing, I provide independent, regulated advice about equity release schemes for clients across London and the south coast, from Eastbourne to Dorset.
I offer every client a free, no-obligation initial consultation over the phone, where I can introduce myself and explain the service I provide. If you have any immediate questions about equity release, I would be happy to answer them.
Should you wish to proceed with equity release, we can set up a face to face meeting to discuss your current circumstances and financial situation. There is typically some formal fact finding and an open conversation about any plans or concerns you may have about equity release. I can help you understand how certain schemes might impact your lifestyle and make sure that you are comfortable with the options available. We will only proceed with an application when you are completely happy.
Equity Release Sussex is a trading style of TRM Financial Ltd (FCA Ref 725622), an Appointed Representative of The Right Mortgage Ltd, which is authorised and regulated by the Financial Conduct Authority (649443). Registered in England and Wales no. 09832887. Registered Address: 70 St. Johns Close, Knowle, Solihull, England, B93 0NH
For Independent Equity Release advice we do not charge any upfront fees however, a fee of up to 1% of the total cash facility arranged is payable (subject to a typical minimum charge of £1,295) on completion for our service in relation to lifetime mortgage contracts plus commission from the lender. The exact amount will depend on the complexity and work involved in your case and will be confirmed by way of a formal fee agreement.
For Independent Mortgage Advice we charge a fee of up to 1% of your mortgage amount payable (subject to a typical minimum charge of £295 payable on application & £300 on completion (£595 in total) plus commission from lender. The exact amount will depend on the complexity and work involved on your case and will be confirmed by way of a formal fee agreement.
To understand the features and risks, ask for a personalised illustration. Think carefully before securing other debts against your home.