Top reason for taking Equity Release.

Equity release allows people over the age of 55 to be able to withdrawal equity from their home without having to pay ongoing repayments. The monthly interest charged is rolled up over time. This is not a financial product that everybody would want but can be very beneficial for many people.

The top reasons Equity Release is taken are as follows

  • Home Improvements
  • Improving lifestyle
  • Financial Security
  • Paying off a mortgage
  • Buying a car

These are just some of the reasons you may have. Equity Release has come along way since the product was first launched many years ago. There are many providers with many different types of product. This means you are able to find the most suitable Equity Release product for your circumstances.

Always ensure you get good impartial, independent financial advice, as taking out an Equity Release product is a very important financial decision.

Please feel free to contact Thompson Financial Consulting and we will be happy to guide you through your options and explain the benefits and downsides of Equity Release.

Equity Release refers to Home Reversion plans and Life Time Mortgages – To understand the features and risks ask for a personalized illustration.

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