If you want to identify the best equity release companies Bower advise you to take time to do plenty of research. We also recommend you get specialist, independent, professional advice and no plan should be entered into without this.
If you are approaching retirement and considering ways of supplementing your pension, there are a number of options open to you. Bank loans and credit cards require credit and affordability checks whilst moving home can be an expensive upheaval. However, those who own their own home and are over 55 could consider equity release.
Equity Release plans for over 55s
Bower are equity release specialists with over ten years of award-winning experience. They recommend equity release plans to UK homeowners aged 55 and over. Our expert advisers will access a variety of plans to suit different needs whilst taking into account a variety of personal circumstances. Some equity release companies that Bower have access to include Aviva, Legal & General, Canada Life, More 2 Life, Pure and Just.
At Bower, we are “whole of the market” advisers which means unlike some other companies, we are not tied to using one lender. So, what that means to you is, that we will find the best plan for you. We do this by comparing the entire market to find the most suitable product that meets your needs.
An increasing range of equity release plans
With an increasing number of equity release companies, this means a greater choice of product for the homeowner. Consequently, equity release companies offer a range of flexible plans, each with their own features and benefits. These can include the option to pay some, or all of the monthly interest. By accessing all the plans on the market, our qualified advisers thoroughly investigate finding the right plan for you.
Even if you have been turned down by other lenders, Bower may still be able to help you. Our expert advisers pride themselves in going that extra mile, leaving no stone unturned, and do their very best to help.
Help finding the best Equity Release companies and advisers
Equity release can get complicated so knowing who to turn to for honest advice you can trust is important. After all, you may be considering equity release but have unanswered concerns. It is wise to consider using an experienced and reputable equity release adviser to select an appropriate plan for your circumstances. A professional equity release adviser will also take the time to thoroughly explain why they made that selection.
If you have questions…
We understand that releasing cash from your home is a big decision and one to be thoroughly considered. So, please don’t hesitate to contact us – Bower would be happy to answer any questions you may have. You can also read about the pros and cons of equity release on our blog here https://www.bowerhomefinance.co.uk/equity-release/the-pros-and-cons-of-equity-release/
Bower pride ourselves on giving honest, expert advice you can trust. As a Feefo Platinum Trusted Service Award Winner in 2020, exceptional customer service is at the heart of everything we do. Bower are members of the Equity Release Council (ERC) and are authorised and regulated by the Financial Conduct Authority (FCA).
To discuss your needs, please call our professional, UK-based Contact Centre on Freephone 0800 411 8668.
Equity release may involve a lifetime mortgage or home reversion plan. To understand the features and risks, please ask for a personalised illustration.