The guide to using equity release to unlock property wealth later in life

Your employee’s home may be one of the largest assets they have. With property wealth often inaccessible, they may consider using equity release to unlock some of the money in their home.

It could be a valuable way to boost finances in later years. A survey published in This Is Money revealed 39% of people spend at least some of the money improving their home. Other common reasons include funding holidays, retirement, or gifts to family.

While it might seem like a straightforward way to fund retirement or other plans you have in your later years, there are drawbacks you may want to consider first.

If equity release may be something they are interested in and want to understand if it’s right for them, we have created a guide which explains 4 potential benefits and 4 possible drawbacks.

Please note: This guide is for general information only and does not constitute advice. The information is aimed at retail clients only.
Think carefully before securing other debts against your home.
A lifetime mortgage is a loan secured against your home. To understand the features and risks, ask for a personalised illustration. Equity release will reduce the value of your estate and may affect your entitlement to means-tested benefits. Your home may be repossessed if you do not keep up
repayments on your mortgage.