Equity Release Advice

Equity Release Advice


Equity release advice – don’t proceed without it!!


Before you apply for equity release, we strongly believe it is important that you look for impartial equity release advice before going any further for  the following reasons -

Equity release is usually an arrangement you will have for the rest of your life. This is why they are often called lifetime mortgages. Quality equity advice will provide you with a greater understanding of the equity release commitment

There are many equity release companies competing for your business. Our Independent equity release advice will help you compare these and choose the one that is most suited to your circumstances

Equity release can impact on any means tested State benefits and grants you may be eligible for. Take good equity release advice from a qualified professional Independent Financial Adviser and you should be able to avoid the risk of losing any benefits

To avoid it having a potential detrimental effect on your current entitlement or ability to claim in the future.

Interest rates offered by equity release companies vary significantly. If you take equity release from an independent adviser you will be able to make informed comparisons of the rates available. In addition, home reversion companies vary in the prices offered and maximum advances. We will help you choose the most appropriate company. Choosing the wrong one could cost you or your children dear.

As most lenders have different lending requirements, impartial equity release advice can help you avoid applying to lenders that will decline your application if for example you have an unusual property. We can help you find a lender willing to accept you.

There is a range of equity release companies that only deal through financial advisers. As equity release advisers we can get you access to these companies and give you a better choice.

 Equity release advice at City Investments – the next step


We are highly qualified and experienced independent financial advisers. We know the equity release market inside out. We have provided impartial equity release advice for over 20 years.

Our first meeting is free to establish whether equity release is appropriate for you and look at any other alternatives. If we feel equity release advice is not right for you we will tell you.

If you wish to proceed with an equity release application we will help you select the company most suited to your needs, deal with the paperwork for you and pursue your case through to completion.

We offer a national service. We are happy to provide  equity release advice, wherever you live. Please call to speak to a trained equity release adviser

Please call us on 01244 566526.

Your enquiry will be treated in the strictest confidence. We deal with you in a friendly and sympathetic way.

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Equity Release Blog

Average Care Home Fees reach £30,000 pa


People needing to go into a care home now face average fees of £30,000pa. A study by Prestige Nursing, one of the UK's biggest care agencies, has found Care Fee costs are rising ten times faster than pensioner incomes

Read the full Article Here >

IHT receipts reach record high of £4.6bn


Inheritance tax receipts have reached record levels under the current system, as HM Revenue and Customs gathered £4.6bn during 2015/16.

Read the full Article Here >

 

Over one third of over-55s still have a mortgage


A study by Bower Retirement Solutions has highlighted the growing need for more retirement lending solutions.

Read the full Article Here >

Equity Release market continuing to grow?


Well that’s what Equity Release lender Just Retirement predicts!

The FCA Relaxes affordability tests for some equity release clients


The Financial Conduct Authority is considering allowing lifetime mortgage lenders to remove affordability tests for equity release borrowers on interest only loans that can be converted  to roll-up mortgages at some time in the future

Read the full Article Here >

Equity Release Business Grew in 2015. Most Equity release advances were by Drawdown

Read the full Article Here >

Demand for Equity release continues to grow. 7th January 2016

The Equity Release Council’s (ERC) has released some interesting insights into the demand for Equity Release.* Overall lending was up 11% to £710m to the first half of 2015. The total stood at £641m in the equivalent period last year.

Read the full article here >

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A lifetime mortgage is loan secured against your home. Your home may be repossessed if you do not keep up repayments on your mortgage or other debt secured on it

Typically, our equity release fees may be £375. £75 is paid on application and the balance on completion. We will also be paid a commission by your lender.