W
HAT is it that
customers love
about equity
release? With a
lifetime mortgage,
you can release a lump sum of
money from your home, while
remaining the owner of your
property. A lifetime mortgage, the
most popular type of equity release,
is a loan secured against your home.
This means that if money is tight in
retirement, there’s no need to downsize
to raise the cash you need. There’s no
need to move away from family or friends
as you seek out a cheaper property
elsewhere. Instead, you release some of the
value that’s tied up in the home
you’re in. You can spend this
tax-free cash on anything you
choose – and can, hopefully,
look forward to a much more
comfortable retirement.
Taking out an equity release
plan is always going to be a
big decision. You should
always think carefully
before securing a loan
against your home.
That’s why advice from
a firm like Key is so
important. It’s why Key’s
expert equity release
advisers will come to
your home for no-obligation discussions
about your circumstances and your
needs for the future. Unless you decide
to go ahead, Key’s service is free of
charge, as the usual advice fee of
1.99 per cent of the amount released is
only payable on completion of a plan,
subject to a minimum advice fee of £1,499.So if your finances are under pressure
after the age of 55, and you want a more
comfortable retirement, don’t forget about
equity release. Thousands of homeowners
take advantage of it every year. Call Key to
see if it could work for you as well.How can I be sure equity
release is right for me?
If you turn to Key for help and advice on
equity release, you get the reassurance
of dealing with one of the UK’s largest
independent equity release brokers.
You also get the benefit of experience.
Key have been offering advice about equity
release for 20 years. In that time they have
won more than 60 industry and consumer
awards, and have helped more than a
million people decide if equity release was
right for them. And if it isn’t right for you,
then they will tell you.
Will it be complicated to raise a tax-free
lump sum from your home through
equity release? Well, not according to
customers of equity release specialist Key.
The company is rated as ‘excellent’ in
94 per cent of more than 14,000 customer
reviews on the Trustpilot website.
‘Well done Key and to my adviser for
making it all so easy and uncomplicated,’
says Victoria P.
Others agree. ‘From my first call to
Key, they have been helpful, efficient,
pleasant and very professional. My
adviser really listened to my questions,
and offered a plan that met my needs
perfectly,’ says Maggy R.
‘Our Key adviser explained everything in
terms we understood with absolutely no
pressure. In short, Key were absolutely
exceptional, and I would not hesitate to
recommend them very highly,’ says Phil S.Releasing tax-f
so easy and unc
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Continued from previous page
downsize to a cheaper property with a smaller
garden, to make ends meet.’
The Cornish-based couple also worried that if
they downsized, they would have to pay lots of
money in estate agents’ fees and other associated
costs. Fortunately they found an alternative
solution: an equity release plan recommended by a
Key specialist equity release adviser. Equity release
allows homeowners aged over 55 to unlock some of
the value in their homes, and the money released
is paid out tax free. The Barrs were able to release
a tax-free lump sum of £74,000 from their home.
You can spend the money on anything you
choose; the Barrs focused on home improvements
when their equity release plan went through. They
updated their kitchen, had a new drive laid, paid
for repairs to their garage roof – and enjoyed a few
luxuries such as holidays to dog-friendly hotels
around the country.
The most popular type of equity release
is a lifetime mortgage, which is a loan
secured against your home. With this, you
continue to own your home, so can stay there as
long as you like. Unlike a regular mortgage, there
are typically no monthly interest payments to
make. Instead, the loan plus rolled-up interest is
simply repaid when the plan comes to an end,
normally when you or a surviving spouse passes
away or goes into long-term care.
‘It’s no exaggeration
to say equity release
has changed our lives,’
says Fay. ‘Releasing the
money we needed,
while getting to stay in
the house we love, is the
perfect combination.’
If you think a tax-free
lump sum from equity
release could help you,
then this four-page
special supplement
explains it in more detail.
Key has also
produced a FREE
expert guide. Ring its freephone
number 0800 408 7169, or complete
the form below to get your copy.
Over the past 20 years, experts at Key have
helped more than a million people see if equity
release is right for them. Call now to see if it
could work for you.1
You can clear existing
credit card debts or pay
off an existing mortgage.2
It can pay for DIY to prepare
your home for the future as
an alternative to downsizing.3
It can let you enjoy some
dream holidays or luxuries
like a new car.4
You could help your grown-up
children financially.5
It can ease money worries
by boosting your existing
retirement finances.OVER 55?
FIVE ways equity
release can help you
For more information, call 0800 408 7169 or go to keyadvice.co.uk/mail
You can also request our guide by
calling us FREE on 0800 408 7169
YES
Please send me a FREE
guide to equity release
Complete the form and return to Freepost KEY ADVICEPhone:Email:Name & address:By returning this form you are agreeing to receive the guide and subsequent
communication from Key. We’d like to keep you updated with useful market and
product information or o� ers about planning retirement. Please let us know if
you do not wish to be contacted by: Email SMS. If you’d like to know how
we use your data see our privacy policy at keyadvice.co.uk/privacy-policy(DM0819)val
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