Equity Release involves borrowing money against the security of your property and it can affect your entitlement to state benefits and/or state funding for care costs.
Key Contact
Chris Hill
Director – Chartered Financial Planner
01626 242501
07458 062360
chris.hill@wbwcfp.co.uk
Equity Release won’t be right for everyone but for homeowners aged 55 or over it can provide you with a tax efficient regular income, a cash lump sum or a combination of the two. The “equity” in your home is the difference between its value and any debts secured against it, such as a mortgage.
Equity Release lets you access some of the money that is tied up in the property without you having to downsize or move home.
Equity Release involves borrowing money against the security of your property and it can affect your entitlement to state benefits and/or state funding for care costs. If you take out an Equity Release you will incur a debt and interest costs. Other more appropriate solutions may be available and professional advice is vital.
WBW Chartered Financial Planners are independent Equity Release specialists. We are pleased to offer any prospective client an exploratory meeting without charge and, in conjunction with our colleagues at WBW Solicitors, we can provide an integrated one stop Equity Release service.
We only recommend arrangements which meet the Standards required by the Equity Release Council. These offer some very important safeguards and protections which some arrangements do not. You will remain the owner of your property for as long as you continue to live there, you cannot be forced to leave the property and regardless of how much the debt increases neither you nor your estate will owe more than the value of the property.
We charge fixed fees which are agreed with you in advance and, unlike some other advisers, we give you back any commission we received from the Equity Release provider. This can sometimes mean that you receive back more than we have charged you.
WBW Chartered Financial Planners is a trading style of Centurion Wealth Management which is authorised and regulated by the Financial Conduct Authority (FCA). Registered in England and Wales Number 7001057. Registered Office: Channel Court, 8 Hill Road, Clevedon, Bristol, BS21 7NE. Registered in England and Wales.
Equity Release Leaflet
Key Contact
Chris Hill
Director – Chartered Financial Planner
01626 242501
07458 062360
chris.hill@wbwcfp.co.uk
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