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Equity release is a way of taking the capital from your home either to spend as you wish or to buy an income you can use towards a more comfortable retirement – or both. There are many schemes available so ideally you will have done some reading up on them and are now ready to find out more.
Many people take out these schemes without advice even though equity release is a lifetime commitment. Wouldn’t it be better to speak to an experienced qualified adviser so that you can make a more informed decision about what is right for you? An adviser will explain all the costs and risks involved and its effect on things such as inheritance tax, needing care and entitlement to any welfare benefits.
Equity release is a big decision so a SOLLA adviser will help you look at all your financial options and nay benefits you may be entitled to before deciding if equity release is right for you.
For more information on Equity Release and Consumer Protection: