Tuesday, 5 May 2009

Equity Release

How can Equity release or a Home income plan help you?

Are any of these schemes right for you and your circumstances?

Not all personal circumstances or or individual situations suit equity release plans.


Before considering any borrowing on your home you should understand the facts and the principles behind the schemes on offer and ensure that you take advice from an Independent expert. In other words an Independent Financial Adviser. (IFA) and only an IFA.

Make no mistake about it use only an IFA, not a "Wealth Manager", a Bank adviser, a Financial consultant or any of the other euphemisms that non- IFAs use to hide the fact they are salesmen for a one or a limited number of companies. Make sure they tell you they are an IFA.

We have an article on Equity release by an expert on the yourmoney.co.uk site which we would recommend you read before doing anything else.

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