- Pension planning
- At retirement planning
- Equity Release
- Inheritance tax planning
- Long Term Care
- Pensions and Divorce
- Business protection
- Tax Planning
A complex range of products, available to homeowners aged 55 and above. There are many different options in the marketplace and our highly experienced, fully independent advisers will work with you, and your family if required, to provide you with the best solution to suit your personal circumstances, as follows:
A loan secured on the borrower’s home for his/her lifetime. No monthly payments are made, the interest is added to the debt throughout the term of the loan, which is then repaid by selling the property when the borrower dies or moves into long term care. The borrower remains the owner, and retains the responsibilities and costs of home ownership.
A loan secured on the borrower’s home. Interest payments are made each month to the lender until the borrower leaves the property.The debt does not normally increase during the term.
The borrower sells all or part of his/her home to a third party, normally a reversion company. This means all or part of his/her home belongs to someone else. In return, the borrowers receive a regular income or cash lump sum, or both. The borrower continues to live in the property for as long as he or she wishes.
Shared Appreciation Mortgage
The lender loans the borrower a capital lump sum in return for a share of the future increase in property value. The borrower retains the right to live in the property until death.
These are lifetime mortgages and home reversion plans. In order to understand the features and risks, please ask for a personalised illustration. A lady adviser is available, if you prefer.
CHECK THAT THIS MORTGAGE WILL MEET YOUR NEEDS IF YOU WISH TO MOVE OR SELL YOUR HOME OR YOU WANT YOUR FAMILY TO INHERIT IT. IF YOU ARE IN DOUBT, SEEK INDEPENDENT ADVICE.