Equity Release
The Pier, Porthcawl
Equity Release
The Pier, Porthcawl

Equity Release

Many people in retirement are finding that there are often falling short on their income in retirement or still have outstanding debts that they are unable to service. Equity release is a way of using some of the value of your property to meet those requirements. It is of the utmost importance that clients understand the features and restrictions of any equity release scheme before it is entered into.

We would always recommend that you seek independent financial advice and legal advice prior to considering any equity release scheme as it will  potentially reduce any inheritance that you decide to leave, so you may wish to discuss this with your family and ensure all other options are explored.

At Future Asset Management LLP we only consider equity release schemes who abide by the Equity Release Council’s code of conduct; the council is the industry body who represent the providers, qualified financial advisers, lawyers, intermediaries and surveyors who work in the equity release sector. A major focus of the Equity Release Council’s work is to ensure that products are safe and accessible for consumers. Each member of the Council that provides equity release products is signed up to the Equity Release Council’s Code of Conduct which puts in place a number of safeguards and guarantees for consumers. This means that people who use equity release products offered by Equity Release Council members can have confidence in the products they use and the information they receive.

This is a Lifetime Mortgage (Home Reversion Scheme). To understand the features and risks, ask for a personalised illustration.