Equity release advice

Lifetime Mortgages

Lifetime mortgages allow you to borrow against the value of your home while retaining full ownership. This means you can access the funds you need for retirement or other expenses without having to sell your property, allowing you to continue living in your home as long as you wish.

Home Reversion Plans

With home reversion plans, you can sell a portion of your home to a provider while remaining in residence. This arrangement enables you to access cash now, while you still enjoy the benefits of living in your own home, albeit with reduced ownership.

Flexible Payment Options

Equity release products often come with flexible payment options, allowing you to choose how you want to access your money. Whether you prefer a lump sum, regular monthly payments, or a combination of both, you can adjust the arrangement to suit your financial needs and lifestyle.

Tax-Free Lump Sum or Income

One of the advantages of equity release is that the funds you receive are typically tax-free. This means you can enjoy a lump sum or ongoing income without worrying about immediate tax implications, providing you with financial freedom and flexibility.

Impact on Inheritance

It is essential to understand how equity release can affect your inheritance. By accessing the equity in your home, the amount left in your estate for your heirs may be reduced, which is an important consideration for those wishing to leave a legacy.

Regulatory Safeguards

At Applewood Financial, we prioritise your understanding of the implications of equity release. Our services are governed by strict regulatory safeguards, ensuring that you are fully informed of your options and the potential risks involved before making any decisions.

Specialist Advice

Our experienced advisors will take the time to discuss your specific needs and circumstances regarding equity release. By providing expert advice, we ensure that you can make informed choices that align with your financial goals and lifestyle aspirations, giving you peace of mind throughout the process.

Your home is at risk if you do not keep up repayments on your mortgage.