Equity Release
Unlock Value from Your Home
For many people, their home is their biggest asset. Equity release allows you to access some of that value as tax-free cash without having to sell or move house. It can be taken as a lump sum, smaller instalments, or a combination of both — giving you the flexibility to use your money how you choose.
To be eligible, you must be aged 55 or over and own a property worth at least £70,000.
At Cotswold Independent Financial Services, we’ll take the time to explain how equity release works, outline the pros and cons, and help you decide whether it’s the right option for you.
Why Consider Equity Release?
People choose equity release for many different reasons. Common uses include:
Supplementing retirement income.
Paying off debts.
Covering the costs of long-term care.
Helping children or grandchildren onto the property ladder.
Funding home improvements, holidays, or a better standard of living.
Whatever your reason, we’ll make sure you understand how equity release will affect your estate and inheritance.
Types of Equity Release
Lifetime Mortgage
A loan secured against your home. You retain ownership and the right to live there for life. The loan plus interest is repaid when the property is sold, usually after death or moving into long-term care.
Home Reversion Plan
You sell part (or all) of your home to a provider in return for a lump sum or regular payments, while retaining the right to live there for the rest of your life.
How We Can Help
Equity release can feel complicated, but our independent advisers will:
Explain all the options clearly, including alternatives.
Help you understand how releasing equity could affect your estate, inheritance, or tax position.
Recommend the most suitable plan based on your needs.
Ensure everything is arranged in line with the Equity Release Council’s standards, giving you extra peace of mind.
Important Considerations
Equity release isn’t right for everyone. It’s important to consider that:
It reduces the value of your estate and may affect the inheritance you leave.
Property values can fall as well as rise.
It could affect your entitlement to means-tested benefits.
Your home may be repossessed if you don’t keep up repayments on an existing mortgage.
That’s why professional, independent advice is essential before making any decision.
Talk to Us Today
Equity release can provide financial freedom, but it’s important to get it right. At Cotswold Independent Financial Services, we’ll help you make a fully informed choice with confidence.