Home equity release, releasing equity within your home Home equity release, releasing some equity within your home using a home equity release plan Home equity releasing, releasing some home equity within your home by applying for a home equity plan




Home Equity Release Advice
Home Equity Release (or Equity Release as it is more commonly known as) is a way in which people of a certain again can unlock some value in the home and release some of the equity in the form of a tax-free cash amount for them to spend as they wish.

 

Home equity release, releasing tax free equity from your home with an equity release plan

Use a TRUSTED, INDEPENDENT ADVISER who has access to THE WHOLE MARKET of PROVIDERS and is REGULATED by the
EQUITY RELEASE COUNCIL (Formally known as SHIP)


If you believe that an Equity Release plan is something you would be interested in, then the key things you need to ensure are the following:

1. Ensure any company or organisation are regulated by the Equity Release Council (Formally known as SHIP) - this will give you complete confidence that they are fully regulated and will only consider fully regulated products offered by the most trusted organisations.

2. Use an Independent Financial Adviser - by doing this they will only consider what equity release plans are best for YOU and as the majority work on a fee basis, they will have no vested interest in pushing you towards a policy that earns them more money and will often revel the fee and commission they will earn from any potential plan you complete.

3. Ensure you have access to the Whole of the Market - this should not be an issue if using an independent financial adviser but always worth chcking that you have the choice of every provider in the market place

4. Why not invite a family member or close friend to any meetings or appointments when considering an equity release plan? - you may not want a room full of people but if you are unsure or on your own, it may help if you had a trusted family memeber or close friend there when someone is explaining how things work. If nothing else they may just think of that one question you may forget to ask.

Need some information or wish to contact us?
Call 020 3286 3929 or if you would rather, email us at info@kensingtonbarlow.co.uk
or Enquire Here

 


Why do I need Equity Release?
As the age of the olfer generation extends more and more it has become very apparent that most of those are 'Asset rich' but 'cash poor' meaning they have lots of value in the proeprty they own but not much readily available cash to spend.

An example might be a couple in their mid 70s living in a house which is worth £350,000 with no mortgage living off of a relatively small pension and struggling to make ends meat each month.

By simply releasing some equity (or profit) in their home, they would instantly have more money at their disposal meaning they could live more comfortably without the need of struggling.

Another example of how equity release could help is that if your assets are at a certain level you may fall into the Tax Inheritance bracket, so by releasing some equity you may be able to lower the amount of assetts you have meaning those who will receive your estate once you have passed over could potentially save the higher level of tax that may have been due.

Helping out others - Of course in todays uncertain world no one really knows what is around the corner and sometimes a family member or close friend may need some financial assistance, so if this is the case and is soemthign you would liek to do, you can release some money to help with things such as University fees, house deposits or other such occurances which soem of the younger generation might otherwise struggle with.

Home equity release, releasing equity from your home by using a home equity release plan Home equity release, releasing the equity within your home by an equity release plan

There are many reasons why you may need to release some equity with an equity release plan however the decision should always be made when you are sure of the commitment it takes and in most cases we would suggest with the agreement and full understanding of your immediate family.

Need a more accurate idea of what equity you may be able to release?
Call 020 3286 3929 or if you would rather, email us at info@kensingtonbarlow.co.uk
or Enquire Here

Please Note: This Kensington Barlow website is a trading style of Exclusive Leads Ltd and is an Introducer only offering free to use websites to help you find the best possible solution to your equity release requirements. We will only introduce you to an Independent and regulated financial adviser who are registered with the Equity Release Council (Formally known as SHIP) and who specialise in Home Equity Release or similar products and use the whole of the market providers.

Got a Question needs answering? Try our Home Equity Release FAQ's section.

Home equity release, releasing some equity within your home and an equity release plan



Home equity release, releasing equity within your home



Equity release plans, releasing equity within your home