As we get older, we often start to think about how we’ll manage financially, especially if we have a small income and limited savings. If you own your home and are aged 55 or over, you might be considering equity release as a way of releasing cash from your home without having to move.
However, equity release is a big decision and it might
not be the best or only solution. If you are considering equity release, this guide will provide you with some basic information about how it works, where to get advice, and whether it may be right for you.
Before making any decision about equity release, it is important to get both specialist equity release advice and legal advice.