Freephone 0800 411 8668
Please call Bower on Freephone 0800 411 8668 to discuss your options.
As some people get close to retirement age or enter later life they find the need for additional income. One way to access some cash is with an equity release plan which can provide the funds to go on some much deserved holidays, make home improvements or simply enjoy retirement, whilst continuing to live in your property.
Equity release can be a great option for some people, but it is a major financial decision which should never be taken without independent professional advice.
Here’s our guide to some of the pros, cons, advantages, risks and benefits of equity release, helping to answer those vital questions with informed, accurate, objective, fair and balanced information you can trust.
There is no ‘one size fits all’ when it comes to financial products such as equity release and what suits one person could be detrimental to another.
At Bower, we take the time to ensure that any decision you make is right for you and your individual circumstances. We always suggest to our customers that if they wish, they can involve their family in the entire process, allowing for clear, honest and open communication about the impact of equity release.
If our advisers feel that equity release is not the right product for you, then they will let you and your family know straight away and offer guidance on alternatives that may be more suitable to your needs.
Equity release can be a great way to turn your property into a source of income or cash lump sum to spend as you wish, but this comes with some big implications which is why it’s important to fully understand and comprehend all of the advantages and disadvantages of these plans.
If, having read all those advantages and disadvantages, you would like to know more about Equity Release, just get in touch with the Bower team today and our knowledgeable advisors will be happy to answer any questions you may have.
Our home finance specialists are here to help our customers make smart, safe, informed decisions by providing open, honest, impartial advice – always.