Unlock Your Home's Value, Secure Your Future

Need extra funds to live the life you want, or want to support your loved ones?

If you're 55+, I can help!

Maintain 100% ownership and continue living in your home while unlocking its value.

Say hello to a brighter future!

Equity Release Adviser Lyn Palmer

FPC, CeMAP, CeRER

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Equity release may involve a home reversion plan or a lifetime mortgage, which is secured against your property and will reduce the value of your estate and impact funding long-term care.

Equity release requires paying off any existing mortgage. Any money released, plus accrued interest would be repaid upon death, or moving into long-term care

Common Uses for Equity Release

Home Improvements

Clearing Existing Credit Cards, Loans or Mortgages

Gifting Money to Family

Going on Holiday or Replacing the Car

Paying for Home Care

What is Equity Release?

You get to stay in your own home

Equity release can be seen as an alternative to downsizing. You can release funds whilst continuing to live in your current home, ensuring you can enjoy the comfort and familiarity of your own surroundings.

You won’t have to make any monthly repayments

You won’t need to repay the loan or the interest until your home is sold when you die or move out permanently into residential care.

Plans with payment options are available, subject to certain limits.

You’ll never owe more than the value of your home

Lifetime mortgages provided by members of the Equity Release Council offer a ‘no negative equity guarantee’. Ensuring your estate will never owe more than the property is worth when it is sold.

You can access the money when you need it

You can take out a lump sum, or with a drawdown lifetime mortgage you can access smaller amounts of cash over time. You won’t be charged interest on the pot of money until you decide to use some of it. If you draw funds in the future, interest will be charged at the prevailing rate at that time

You could Plan for inheritance tax

Equity Release can form part of wider inheritance tax planning and a gift to your family can be balanced with minimising their tax liability when you pass away. However, this is not an area in which Simplified Equity Release can provide advice and specialist tax advice should be sought, before going down this route.