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Equity Release Guide

Unlocking the value of a property is increasingly popular with over 55s. Often your home is by far the largest asset you own, and Equity Release can help you take advantage of it.

Many people are using their home to supplement pension income during retirement.

For every £1 of pension savings withdrawn in 2018, 50p of housing wealth was unlocked with Equity Release; a 25% increase on the year before.

In fact, in 2018, 47,081 people took out an Equity Release product, utilising £3.6 billion of property equity.

We’ve put together this guide to explain Equity Release, the costs involved, things to consider, the benefits and the alternatives.

If you’ve got any further questions, we are here to help. Call one of the Sovereign team on 01454 416 653 or email hello@sovereign-ifa.co.uk to begin your journey.

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