For many homeowners, setting up a lifetime mortgage which enables equity to be released from their property, is an ideal way of boosting a retirement pension pot, funding home improvements or paying for a trip of a lifetime without having to downsize or make monthly payments on a more traditional bank loan, especially with interest rates so low.
Here at The Financial Planning Group we have been advising our clients regarding the availability of newer, more flexible, methods of borrowing – and by demystifying lifetime mortgages and equity release products – we can offer strategic benefits when considering Inheritance Tax exposure or in helping a family member on to the property ladder.
Equity release is seen as a highly complicated option, but taking the right independent advice from a chartered financial planner is essential to ensuring that every consideration, and other potential options have been explained.
With 25 years’ experience helping individuals, families and businesses to place their financial affairs in context with their future goals and aspirations, The Financial Planning Group are here to provide a simple, structured, disciplined and reviewable planning service. We will change the fundamental relationship people have with their money to give them confidence and clarity in their own futures.
If you are interested in discussing lifetime mortgages or equity release products please contact Steve Padgham via or call him on 020 8614 4782.
Click Here To Call Us Now