If you’re a home-owner and you want to improve your finances in retirement, you might consider releasing the money locked up in your home through an equity release plan. You don’t need to sell your house or trade down to a smaller property but can stay in your home and receive a lump sum or additional income (or a combination of both) against the value of your house. Please note: equity released from your home will be secured against it.
These schemes can differ greatly, and some of them come with complicated terms. Overall, it can seem like a risky or even scary course to take. But you’re not alone - we’re here to help you make the right decision, and choose a scheme that will work for you