Asset Rich, Cash poor?
You've worked all your life, paid off your mortgage, the kids have flown the nest now it's your time to relax and do the things you want to. The only problem is you can't afford to. Your house is likely to be the biggest asset you will ever have, so why not release some money from it?
You could use an equity release plan
- To pay off any debts and interest only mortgages,
- Buy a home in the sun,
- Help your children get on the housing ladder,
- To take that dream holiday,
- or almost anything you want.
Equity release will reduce the value of your estate and can affect your eligibility for means tested benefits.