Is equity release the right choice for you?
An increasing number of homeowners are finding that equity release is their preferred way of funding their desired lifestyle through retirement. At this stage of life, it’s common that much of your household wealth is tied up in the value of your home, making it difficult to access unless you move to a smaller or cheaper property.
Equity release allows you to stay in your family property, while receiving part of its value in a lump sum or a series of payments. How you spend it is entirely up to you, but many people choose to invest in home improvements, splash out on an exciting family holiday or simply supplement their other retirement income so they have a little bit more money to spend in their daily life.
As with any major financial decision, it’s important to fully understand the implications of equity release before you proceed. It’s essential that you choose the right scheme to suit your family, lifestyle and financial situation in order to gain the biggest benefit.
About John Whyte Equity Release
I work across Sussex, providing independent guidance to my clients about lifetime mortgages, later life mortgages and home reversion plans. I specialise in equity release schemes, and would be happy to help you understand how various equity release plans would affect your lifestyle. In many cases, equity release allows homeowners to enjoy a comfortable standard of living while they enjoy retirement – it just has to be the right scheme for you.
To discuss your current situation and whether equity release may work for your family, please contact me. I offer an impartial information service, and my first consultation is always free and without obligation. You are welcome to visit our Worthing office or, alternatively, I travel to Chichester and the surrounding area and can visit you at home, if you would prefer. Simply call our Worthing office on 01903 890 660 or email email@example.com and we can arrange an appointment.