Use the rising value of your home to free up money with Belfast Telegraph Retirement Services
The last few years have been tough and a cash boost is what many people need.
Getting this may seem problematic but it is something that is becoming easier — if you know where to look. Previous generations have got by on savings and pensions but, in the current climate, savvy homeowners are taking note of the one investment that has often given the best return of all — their homes. If you entered the market before house prices started to soar, you’ve probably made a tidy profit on your home over the years.
The average house price in Northern Ireland in Q4 2013 was over £111,000 compared to under £36,000 in 1993*, so it makes perfect sense to use this to your advantage.
Our guide to equity release shows how you can unlock the wealth in your home and enjoy a more prosperous retirement, without having to sell up or downsize. Using jargon-free language, it talks you through the different types of plan and explains how to choose a plan to suit your lifestyle. If you want to free up some extra cash to give yourself the retirement you deserve, it could be the perfect solution. Equity release will reduce the value of your estate and may affect your entitlement to some state benefits.
This is an equity release plan. To understand the features and risks, ask for a personalised illustration. Unless you decide to go ahead, our service is completely free of charge, as our typical advice fee of 1.65 per cent of the amount released would only be payable on completion of a plan.
* Nationwide House Price Index 2014
Call Belfast Telegraph Retirement Services today on 0808 208 3166 to get your free 12-page guide or to arrange a free no-obligation consultation with one of our expert equity release advisers.
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