Equity release gives you the opportunity to release funds from your property whilst continuing to live there.
Equity Release is traditionally used to provide liquid capital and or an income. This may be to supplement retirement income, but may also be required to fund care fees.
At a time when the cost of living is continuing to stretch the majority of household budgets, Equity Release could provide a valuable funding tool for homeowners who
- Are aged between 55 – 95
- Live in the England or Wales
- Own a property with a value of at least £50,000
Equity release, however, remains a niche product – one which requires professional advice from specialist financial and legal advisers.
WBW Solicitors can provide essential advice for anyone considering an equity release plan.
Contact us today to arrange your free initial consultation.