Reader’s Digest UK – July 2019

PARTNERSHIP PROMOTION

When approaching retirement, many
‘empty nesters’ do not want to downsize.
Moving can be a stressful process that can
take months, possibly years. There are also
the associated costs of moving that can
eat away at the money you hope to release
by selling. However, by releasing a portion
of your equity, you can use your property
to access funds now rather than waiting
for your home to sell.

With equity release, you can use your
property wealth to help you manage the
fi nancial challenges of retirement, while
remaining in the home you love. A tax-free
sum could expand your budget, helping
you to overcome the rising cost of living.

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it to meet your future needs. These are

increasingly popular options as it removes

another potential reason to downsize.

SHOULD YOU RELEASE EQUITY

FROM YOUR HOME?

By using a portion of your equity now,

you could reduce the size of your estate

and a€ ect your entitlement to means-

tested state benefi ts. Your fi nancial adviser

can provide you with a clear illustration,

helping you to make an informed decision.

If you are looking to avoid downsizing

through equity release, then call our

friendly Information Team today.■

Increasing numbers of people
aged over 55 are releasing
equity from their homes each
year. As you receive a tax-free
cash lump sum with a lifetime
mortgage, this can be an ideal
way to avoid downsizing.

Reader’s Digest Equity Release is a trading style of Responsible Life Limited. Only if your case completes will Responsible
Life Limited charge an advice fee, currently not exceeding £1,490. Responsible Life Limited is Authorised and Regulated
by the Financial Conduct Authority and is entered on the Financial Services Register (http://www. fsa.gov.uk/register/
home.do) under reference 610205. Responsible Life Limited is registered in England & Wales. Company No. 7162252.
Registered o’ ce: Unit 8 ABC Killinghall Stone Quarry, Ripon Road, Harrogate, HG3 2B

PARTNERSHIP

PROMOTION

WHAT CAN YOU DO TO

AVOID DOWNSIZING IN

RETIREMENT?

FOR MORE INFORMATION

Readersdigest.co.uk/release Call 0800 029 1233

You could also transform you

house into your dream home or adapt

it to meet your future needs. These are

increasingly popular options as it removes

another potential reason to downsize.

Increasing numbers of people
aged over 55 are releasing
equity from their homes each
year. As you receive a tax-free
cash lump sum with a lifetime
mortgage, this can be an ideal

WHAT CAN YOU DO TO

AVOID DOWNSIZING IN