Product Benefits
Benefits of our products

Our products come with a number of benefits which make them desirable if you are looking to release equity from your home and resolve any financial stresses you may have. The benefits are:

• You get to stay in your own home for the rest of your life*, or until you need to move permanently into care.
• Long term financial solution, for example, you could use the funds generated to fully repay any outstanding debt.
• You won’t have to go through the process of moving home.
• The equity released on your main property is tax free.
• If applicable, the monthly rent will be below comparable market rent in your area.
• Ability to move home at a later date and transfer the plan to a new onward property.
• Equity-release schemes can help to reduce your Inheritance Tax liability.
• The plan can offer more money than a lifetime mortgage.
• The option to choose an ‘Early Vacancy Guarantee’ which will guarantee a lump sum back if you vacate within the first 5 years.
• If you have sold 100% equity of your home you will have no selling costs.
• By selling less than 100% you can retain a percentage of the home to give away as inheritance to your heirs.
• You can release a part of the home and release further portions in future, allowing you to maximize on property gains.
• Hassle free when time to sell as we take control of sale when the plan ends.
• May have a positive financial impact on some benefits, your adviser can provide further details.

* your tenancy is at risk if you do not make rent payments due.