What is Equity Release?

Most people's biggest asset is their home. The average house price in the UK has risen significantly over the last 20 years. Put simply, equity release is a way of releasing some cash from the home without having to move. Two of the most common ways to release cash and remain in the home are:

• Lifetime Mortgages
• Home Reversion Plans

Lifetime Mortgages

A Lifetime Mortgage is a loan secured on the customers' home.
This is a lifetime mortgage. To understand the features and risks, ask for a personalised illustration.

Home Reversion Plan

A Home Reversion Plan gives the customer a cash lump sum in return for selling part or all of their property to a reversion provider.

Equity Release schemes can provide valuable additional income in retirement, without having to sell or move from your home. In particular, these schemes can be useful for IHT planning.