Equity Release Adviser in Cambridge
We are Cambridge’s premier equity release adviser and understand how important a personal independent service is to make an informed decision.
Here is short video explaining equity release and your options
We take the time to understand your personal financial circumstances
Equity release is a big financial decision. The way to be confident that it’s right for you is to talk to a properly qualified equity release adviser. Our fully qualified equity release advisers offer expert, impartial independent advice recommending only the most suitable equity release products from the whole market available.
Equity release is fully regulated by the Financial Conduct Authority and plans that meet the Equity Release Council standards offer additional protection.
The cash you unlock from your home through equity release is tax-free and you can spend it however you wish.
Equity release plans meet the Equity Release Council standards to protect your loved ones from inheriting a debt be eliminating the possibility of negative equity. However, it will reduce the value of your estate on death, which means it may reduce your potential Inheritance Tax liability. This means you leave less for your beneficiaries to inherit (if applicable) so it’s important they know about it.
Probably the most popular form of equity release these days is a Lifetime Mortgage because you’ll still own your home and there are typically no monthly payments to worry about. In simple terms it’s a loan secured against your property and repaid when your plan comes to an end which is usually when you pass away or enter long-term care.
In addition, plans that meet the Equity Release Council standards come with the ‘no negative equity’ guarantee. This means you’ll never owe more than the value of your home and, therefore, any debt you accrue will not be passed on to your family.
Other types of equity release There are other ways to release equity tied up in your property and these will always be considered if Lifetime Mortgages aren’t right for you. For example, home reversion schemes and retirement interest only mortgages.
Talk To Us Now
Feel free to download our guides and to arrange an initial no obligations chat with one of our equity release advisers in Cambridge; call us on 01223 211 122 or at enquiries@dartingtonwealth.co.uk