Lifetime Solutions
WHAT ARE The Risks?

Although equity release plans have many safeguards, you need to be aware of the potential risks before entering into a plan. Here are some of the main points to consider:

  • The funds that you release, plus accrued interest, are paid back from your estate when you pass away. This will reduce the value of your estate and the amount that you will be able to pass on to your beneficiaries.
  • It is possible that the additional funds made available to you through equity release could affect your entitlement to means–tested benefits and your overall tax position.
  • Most equity release plans have an early repayment penalty. You could therefore incur charges should you wish to pay off a plan before your death or a move into long term care.

If you would like more information about these points, please feel free to call us on 0800 138 7221 and a fully qualified equity release adviser will be happy to discuss any concerns you may have.


WHAT IS Equity Release?
WHAT ARE The Benefits?
WHAT ARE The Risks?
WHAT ARE The Types of Equity Release Plans?
WHY CHOOSE Lifetime Solutions?
HOW MUCH Does it Cost?
WHAT IS The Next Step?
WHO ARE Your Advisers?
WHAT PEOPLE SAY Testimonials
LINKS Helpful Links
HOW TO Contact Us

Complete our online form
Telephone 01386 712305

 

Lifetime Solutions Ltd is an appointed representative of Financial Ltd which is authorised and regulated by by the Financial Services Authority. FSA Registration No: 467064. Decisions should not be taken based solely on the content of this website and professional independent advice should be sought first. Regulations, levels and bases of taxation are subject to change and individual circumstances. The information contained in this website is subject to UK regulatory regime and is therefore is restricted to consumers in the UK. No responsibility is accepted for the accuracy or content of external websites.

This equity release product may involve a lifetime mortgage or a home reversion plan. To understand the features and risks, ask for a personalised illustration.