Equity Release – How Much Can You Get?

How Much Can You Get?How much equity you could release from your property may depend on a number of different factors that will need to be explored in-depth, before a reasonable figure can be given.

These factors may include the type of equity release scheme or home reversion plan that you feel to be appropriate, the amount that you would like to release, your age(s), property value and the amount of any existing loan secured on your property. Your personal tax and benefit positions must also be considered.

In addition, equity release can play a vitally important part of both Estate and Inheritance Tax (IHT) Planning and some schemes are likely to be more appropriate for this, than others.

These are just some of the factors involved and there may be many more to consider for each individual case.

Experience has taught us that people and their circumstances are unique and no two people who consider equity release have the same set of concerns, or to the same degree.

Therefore it is important to understand that there are no corners to be cut when considering equity release options and good, simple-to-understand, reliable advice is paramount.

In this ever-uncertain environment – for the reliable approach – please call Chris Askham in the first instance, or liaise with your professional adviser to effect an introduction.

We look forward to assisting you with your enquiry.