Are you aged 55 or over and in a position where you are asset rich but cash poor?
Did you know there are options for you to release lump sum, tax free cash that is tied up in your home. This cash can be spent in a variety of different ways.
You can repay an existing mortgage, buy your dream home, make home improvements to your home or even gift money to a loved one and help them get on the property ladder themselves.
Equity release refers to a range of products letting you access the equity (cash) tied up in your home if you are older.
You can take the money you release as a lump sum or, in several smaller amounts or as a combination of both.