© Equity Release UK 2011
Welcome To Equity Release UK
Freephone 08000 855613
Here to help you.
Four Steps To Equity Release
Speak to a qualified
Equity Release Advisor.
Our friendly impartial
advice can help you
decide on the product
suitable for you. You are
under no obligation.
AN EQUITY RELEASE PLAN WILL REDUCE THE VALUE OF YOUR ESTATE. EQUITY RELEASE WILL NOT BE SUITABLE FOR EVERYONE AND MAY AFFECT YOUR ENTITLEMENT TO STATE BENEFIT. TO
UNDERSTAND THE FEATURES AND RISKS OF EQUITY RELEASE ASK FOR A PERSONALISED ILLUSTRATION.
Equity Release UK is a trading style for website use only of Independent Debt Management Ltd. Independent Debt Management Ltd is an Introducer Appointed Representative to Personal Touch Finance Equity Release
which is a trading style of Personal Touch Financial Services Ltd which is authorised and regulated by the Financial Services Authority.
Fee statement - Personal Touch Finance Equity Release charge a fee of £995 payable upon completion of an equity release product
Step 1 - Do you qualify for Equity Release?
You and your partner must be aged 55 or more to qualify for an equity release
scheme. Your property must be worth at least £60,000 and you must be able to clear
any outstanding mortgage or loan secured on the property from the funds released by
the equity release plan. We can confirm whether you qualify for equity release by
completing our call back form, or alternatively feel free to call us on 0800 085 5613 to
arrange a telephone or face to face appointment with an authorised specialist advisor
in your area.
Step 2 - Is Equity Release the right option for you?
If you speak with an advisor they can tell you more about equity release and if it is
suitable for your circumstances. They will also provide you with a free, no-obligation
quotation, researching the whole of the market to find the plan that best suits your
requirements - only then can you make an informed decision on whether equity
release is the right option for you. It is recommended that you discuss your plans for
equity release with your family.
Step 3 - Complete the Equity Release application forms and paperwork
If you choose to proceed, the advisor will assist you in the completion of the
application forms, for your chosen plan. A suitably qualified valuer who is independent
of the equity release provider, is instructed to ascertain the value of your property and
ensure it meets their criteria. An offer is made and your solicitors are instructed to
start work.
Step 4 - Receive your cash
Approximately 6 to 10 weeks after applying, you will receive your money from your
solicitor to enjoy in any way you wish.
Do I qualify for equity
release?
You will usually qualify for an
equity release scheme if:
* You and your partner are
aged between 55 and 95.
* You own a home which is
worth at least £60,000.
* If you have a mortgage, it is
small enough to be fully repaid
by the equity release scheme.
Equity Release UK for explaining the steps involved in equity release plans, drawdown mortgages, lifetime mortgages, home reversion plans and equity release calulators