Unlock the Wealth in Your Home with Equity Release through Everest Estate Planning and Our Trusted Partners.
Imagine turning the value of your home into a flexible financial resource, without the need to sell or move out. With the increasing range of solutions offered through our trusted partners, this possibility becomes a reality. Our plans are designed to support a comfortable and fulfilling retirement, giving you access to the wealth tied up in your property while ensuring you continue to live in and own the home you love.
Clients can also use Equity Release to provide extra funds if needed, to purchase a property of their choice.
Why consider Equity Release?
Financial Freedom
Embrace the retirement you’ve always envisioned with Equity Release. By unlocking a tax-free lump sum or opting for regular payments, you have the freedom to supplement your income, undertake much-needed home renovations, or provide financial support to your loved ones. This newfound financial liberty allows you to make the most of your retirement years, pursuing passions and projects with the financial backing they require.
Stay in Your Home
One of the greatest comforts in later life is the familiarity and security of your own home. Releasing the equity affords you this luxury, eliminating the need to downsize or relocate. You can continue to live in the home you love, surrounded by memories and close to your community, all while accessing the wealth you’ve built up in your property. It’s the perfect solution for those who wish to age in place gracefully.
Tailored Solutions
Recognising that every homeowner’s situation is unique, our trusted partners are committed to providing plans that are precisely tailored to meet your individual needs and financial circumstances. Whether you require a significant lump sum for a major life event or smaller, regular payments to enhance your monthly income, our partners work with you to establish whether Equity Release is suitable for you and, if so, identify the plan that best fits your lifestyle and goals. This bespoke approach ensures that you receive the most beneficial and appropriate financial solution.
Peace of Mind
The decision to release equity from your home is significant, and peace of mind is paramount. Our products are fully compliant with the Equity Release Council’s stringent standards, offering key protections such as the no negative equity guarantee. This means you’ll never leave behind a debt that is more than your home’s worth, ensuring your financial safety and protecting your estate. With these safeguards in place, you can move forward with confidence, knowing that your financial well-being is secured.
Martyn Lewis, with over 40 years of experience in Financial Services, provides expert advice and solutions through Access Equity Release. With a decade at the Financial Conduct Authority, Martyn possesses a deep understanding of client needs and outcomes. Based in Bromley, Kent, Martyn extends his services nationwide, assisting clients in unlocking the potential of Equity Release to achieve their life goals. Everest Estate Planning proudly partners with Martyn to offer tailored Equity Release products, ensuring clients receive comprehensive support and guidance.
Equity Release Frequently Asked Questions
Who is eligible for Equity Release?
Typically, homeowners over the age of 55 with a property in the UK are eligible. The property’s value and your age are key factors in determining how much you can release, and the rate of interest charged.
How does it affect inheritance?
This will depend on how you use the monies raised and should be discussed with your advisers. Releasing equity in your home can reduce the value of your estate, potentially lowering the inheritance you leave to your beneficiaries. It’s crucial to discuss this with your family and consider their views.
Can I move house if I've release equity in my home?
Yes, most plans are transferable to a new property, subject to the new property meeting the lender’s criteria.
Are there any repayments to be made?
With a lifetime mortgage, the most common type of Equity Release, there are typically no monthly repayments required. If clients prefer to make payments, these can be made on an optional basis.
The loan, plus interest, is repaid when the property is sold after death or moving into long-term care.
Is Equity Release safe?
Equity Release products from providers who are members of the Equity Release Council come with several protections, including the right to remain in your home for life and a ‘no negative equity’ guarantee.
