Equity release refers to a range of products that let you access the equity (cash) tied up in your home if you are over the age of 55. You can take the money you release as a lump sum or, in several smaller amounts or as a combination of both.
At Later Life Money, we ensure that any decision you make is made by yourself, and best suited to your circumstances at the time of arranging a plan. If you are a homeowner over the age of 55 and perhaps want to clear some debts, maybe do some much-needed home improvements, go on the holiday of a lifetime or even want to help family members with a house deposit, equity release may well just be the right product for you.
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