Buying, selling and cashing-in on property assets
If you are looking to turn the value of your home into tax-free cash to supplement your pension, you need to understand all of the features and risks.Our fully qualified equity release specialists can cut through the jargon and enticing promotions. We will help you to answer those all important questions, like ‘how much will I repay over the duration of my loan?’, ‘what are the risks with equity release?’ or ‘how will this impact my family’s inheritance?’
Is equity release right for me?
Releasing equity from your home is an important decision, involving a long-term financial commitment. We can talk through your options, explain the pros and cons and risks of:
- Lifetime Mortgages: these involve borrowing funds against the security of your property. Interest payments are usually deferred until you, the borrower, dies or enters long-term residential care.
- Home Reversion Plans: these involve selling part or all of your property, receiving the proceeds in cash or as regular lifetime instalments. The property often sells for less than its current market value.
Trusted and transparent
Albert Goodman chartered financial planners only recommend equity release plans provided by members of the Safe Home Income Plans (SHIP) scheme. What’s more, our advisers are all salaried, which means we always put clients’ interests first and will let you know our charges upfront.