Some people need to supplement their pension income whilst others just want a lump sum to use for a specific purpose such as home improvements, holidays or even a gift to children or grandchildren. 

There are two main types of Equity Release products;

• Lifetime Mortgages
• Home Reversion Plans

Roberts & Co Financial Planning specialise in providing advice on Lifetime Mortgages.  These involve taking out a mortgage but there are usually no repayments to make.  Instead the interest on the amount borrowed is usually added to the outstanding loan.  There is usually a choice of applying for the maximum lump sum that can be advanced at the outset, or a series of smaller lump sums.  When the property is sold, the total amount owed including this rolled-up interest is then repaid.  You, or your estate, then receive the remainder of the sale proceeds.

Whatever your plans, we can advise on the right Lifetime Mortgage for your requirements.  Emma Roberts is our specialist adviser in this area and she has a specialist qualification to support her expertise.  Where possible Emma welcomes family members attending appointments as well.

To understand the features and risks, ask for a personalised illustration.