What are the advantages of an Equity Release?

FAQs
  • Access to tax free cash to use how you wish, after payment of existing charges.
  • Facilitates achieving your financial/ retirement goals.
  • Can help to reduce your estate for the purposes of inheritance tax planning (please ensure you take expert financial advice as this is a complex area).
  • Your estate will never be left owing money. All Equity Release Council products have a No Negative Equity Guarantee (provided the terms and conditions have been adhered to).
  • Flexible to your financial needs for example, drawdown products provide the ability to access additional cash when necessary (subject to lenders terms and conditions being met).
  • Ability to make penalty free payments.

Please note that these FAQs are up to date as of June 2023, and are intended as a general information guide. They are not intended as financial or legal advice and it is crucial to consult with an independent expert equity release financial adviser and engage specialist expert equity release solicitors.

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