Is equity release right for you?
As people start enjoying their retirement, many realise that the bulk of their wealth is tied up in the value of their home, preventing them from spending it or using it to invest elsewhere. Equity release is a way of unlocking that money, either in a lump sum or small instalments, to fund your purchases and lifestyle without leaving your home.
Equity release is a long-term financial decision that will have an impact on the value of your home when the time comes to sell, or if you pass away. It’s important to talk with your friends and family and seek professional, impartial advice before committing to a scheme.
Working together, we can discuss your personal circumstances, carry out some formal fact-finding and establish if there is something in particular that you are hoping equity release will help you with. For some people, they want to access some of their home’s value to fund a new car or a holiday, while others simply want to boost their monthly income after retirement. This will help me to research the schemes that are available to make some specific recommendations about which might be the best option for you.
Only once you are completely happy will we complete an equity release application.
John Whyte Equity Release
I have been providing specialist, independent advice about equity release to clients for many years. Based in Worthing, I work throughout Sussex, from Chichester to Eastbourne. Whether you are simply gathering more information about securing finance in later life or are ready to look at possible equity release plans for your home, I would be happy to sit down and help you understand your options.
I offer free, no obligation phone consultations to answer any initial questions you may have. Once you’re sure that you are interested in pursuing equity release further, we can arrange a meeting at our office in Worthing to find a plan that is tailored to your personal circumstances. Alternatively, I frequently travel all over the county to meet clients at their homes if that is more convenient for them and their family. For more details, simply call me on 01903 890660. I look forward to hearing from you.
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.