Equity Release Advice

Independent Financial Advice

Equity Release Advice

Equity Release Advice - The Process:

We provide specialist independent equity release advice which means we can find you the best deal from the whole of the market, not from just one or two providers. If you are happy with the quote provided, we can discuss it in detail with you and any members of your family that you would like us to talk to.

If we agree that this is the best solution for you, we will manage your application through to completion and introduce you to a local specialist solicitor who will act on your behalf.

Call us free on 0800 881 8085 for more information or to request a personalised illustration

For more information on equity release, please view our E@sy Guide to Equity Release here.

Find out how much you can borrow and how much it will cost

Request a personalised, no-obligation Equity Release quotation

Why you may be thinking about Equity Release

Your home can be your most valuable possession and investment, but many people are 'asset rich and cash poor'- living in a valuable property, with little or no mortgage, but getting by on a relatively low income and no cash reserves.

Equity Release, using lifetime mortgages and home reversion plans, is a means of getting hold of a cash lump sum to pay for repairs or adaptations to your home, or you may want to raise some cash to help your children or grandchildren. You may still want to enjoy your annual holidays. Turning some of the value of your home into cash can help pay for any of these things.

If you have been retired for some time you may find that your income and savings do not meet all your financial needs. Your day-to-day living costs may have gone up while your income has stayed unchanged, or gone down. Equity Release may provide a solution.

Request a personalised, no-obligation Equity Release quotation

Qualifying for equity release schemes using lifetime mortgages and home reversion plans

The main condition relates to your age - different companies offering these schemes have different minimum ages. The qualifying age for some schemes is 55, but many require that you are older - 65 or 70.

You need to own your own home and will normally have paid off any previous mortgage. (Sometimes a small outstanding mortgage may be cleared as part of one of these schemes.)

The property may have to be worth a minimum amount - the minimum property value varies from scheme to scheme but is usually at least £80,000. The property will also need to be in a reasonable state of repair.

Hanson Wealth are an independent company and will search the whole market for the best product to meet your needs.

Request a personalised, no-obligation Equity Release quotation

The equity release products may involve lifetime mortgages or home reversion plans. If so, to understand their features and risks, ask for a personalised illustration.

Complete this enquiry form to obtain more information

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Mortgage Advice

Hanson Wealth have offices in Boldon, Durham, Cleveland and Aberdeen. We have a community of independent financial advisers based throughout Scotland, England, Wales and Northern Ireland as well as a variety of services available over the telephone or via the internet. So even if you are not based near to one of our branches, we can still ensure that you will get quality independent financial advice from our IFA team.

Call free today on 0800 881 8085

9am - 5pm Monday to Friday or leave a message outside of these hours and we will call you back.

Hanson Wealth Management Limited is an appointed representative of Sage Financial Services Limited, which is authorized and regulated by the Financial Services Authority. Sage Financial Services Ltd is entered on the FSA register under reference 150452. The information contained within this site is intended for UK consumers only and is subject to the UK regulatory regime.