Equity Release

The issues surrounding pensions may affect us all, but it is already a very real and daily challenge for the many retired Britons who manage on a small pension and limited savings. However, many retired people are also living in properties which over time have substantially increased in value. In simple terms, equity release is a way of releasing some of that value from a property, to spend as you wish. These schemes essentially allow you to borrow money against the value of your home, with the debt being repaid from the sale proceeds after your death.

There are various types of equity release scheme including lifetime mortgages, home reversion plans, interest only mortgages and home income plans. These have different benefits and drawbacks and varying degrees of complexity. Arranging an equity release plan is a major step and making the correct choice is vital as some schemes may erode the remaining equity in your property to the point there may be no equity left to pass on to your heirs, whilst others may affect eligibility for state benefits and grants. Add to this the fact that some types of schemes cannot be undone once in place, and that in many cases your house may not only be the most expensive asset you own, but that it is also your home, and the need for professional advice is absolutely essential.

At Coast to Coast, we have the specialist Chartered qualifications, expertise and experience that enables us to provide personalised independent financial advice for your individual equity release needs, no matter how complex they may be. By carefully analysing your current situation, and considering all the possible alternatives, we can then make the equity release planning recommendations that are right for you.

Please note we offer a free initial consultation without obligation.

Equity Release includes home reversion plans and lifetime mortgages. To understand the features and risks ask for a personalised illustration.

For equity release we can be paid by commission, or a fee of usually 1% of the loan amount.

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About Coast to Coast

Coast to Coast Financial Planning Services Limited is a privately owned IFA company offering professional independent financial advice. It was established in 1996 by Andrew Dawson who, after a career working in Financial Services for such companies as Lloyds Bank and the Halifax...

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We like to think that twice receiving the prestigious Financial Adviser / Financial Times award of Best Financial Planner in their Cornwall financial planning surveys, would be good guide to the quality of our service. But what do our clients say about us?

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Contact Us

9 Frances Street
Truro
Cornwall
TR1 3DN

Business Hours
Monday - Friday 9.45am - 2.30pm
Saturday 9.45am - 12.30pm
(Other Hours By Appointment)

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Coast to Coast Financial Planning Services Limited is an appointed representative of TenetConnect Limited, which is authorised and regulated by the Financial Conduct Authority. TenetConnect Limited is entered on the Financial Services Register (www.fca.org.uk/register) under reference 149826.
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Coast to Coast Financial Planning Services Limited Registered Office: The Old Carriage Works, Moresk Road, Truro, TR1 1DG Registered in England No. 3153879. The guidance provided within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK.