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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.
What is Equity Release?
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.
Frequently Asked Questions
Equity Release Leaflet
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What Our Customers Say
Ben Thomas at WBW represented us recently on our property sale. I cannot recommend him highly enough. Ben was amazing from day one, answering my email within hours sometimes minutes. Reassuring and constructive. He really did make what was a difficult process as seamless as it could have been. We have moved several times and I have never experienced a solicitor so consistent and helpful. If I could do six stars I would!
I felt Helen Goodwin knew exactly what I was asking for and she is able to explain matters in an easily understandable way. I like the small and welcoming office and Helen Goodwin and receptionist Ann are really professional and friendly.
I went with Julie for my conveyancing with the last property that we bought and chose to use her again for our latest house purchase. We have found her to be excellent both times we have dealt with her.
Moving is always stressful, but Ben and Karen were so caring and helpful which alleviated some of that. Any query or worry was dealt with in a most caring and professional way and questions answered quickly. Nothing was too much trouble and at a time when we had several other issues going on, the service we received was exceptional and most helpful. We wholeheartedly recommend his services.
Marie is good at explaining matters and most importantly, very affable. If I telephone her, Marie never makes me feel as though I have disturbed her or that my query is unimportant. I have instructed Marie on 5 or 6 occasions and I hope she will continue to help me in the future.
I would very much like to take this opportunity to ‘thank you’ for acting on my behalf and for your time with my case. I really appreciate all that you have done. I wish you well and would certainly recommend yourself and WBW to anyone needing advice or help with any legal services.
I thought highly of James, he helped me make the right choices in a very difficult situation
Please accept our most grateful appreciative thanks for the way you received us, helped us and answered our queries, not just when we came to see you during our very traumatic time, but also when later telephoning you. You have been very kind in your words, your courtesies and professionalism – thank you so much.
Excellent service in selling unregistered property in Newton Abbot. Lucy was very helpful, efficient and kept me up to date with proceedings. i would completely recommend her services.
Caroline is a very warm, professional and efficient lady, and puts you at ease immediately. She is everything I would have expected a solicitor to be in the way she conducts herself. As soon as I left the office I was kept up to date and all my papers were sent to me immediately. Caroline explained the process of my Will and LPA in language I could understand in a calm and concise manner.
Thank you so much for your work on our purchase. It has been a fairly protracted affair with the odd twist and turn along the way, but your expertise has been a source of reassurance throughout. I have moved house a fair few times over the past 15 years, but never have I encountered a solicitor who is so personable but, crucially, also so swift to respond
Just a short note to say how much I appreciate what you have done for me in respect of my accident claim. If I need legal advice in the future I know where to go.