With care costs rising an average of 57% in the past five years, an increasing number of individuals are faced with the challenge of financing long-term care needs, making equity release a potential solution.
For some divorcees and separating couples over 55, equity release is considered a reasonable compromise, as it enables both parties to access some of the equity tied up in the value of the property to fund their future living arrangements.
We all live very different lives, with varying wants and needs. This means that when it comes to releasing equity, finding the right plan for you will need careful consideration. Here’s our guide to finding the right equity release plan.
Whether it’s a new home or a holiday hideaway, using equity release to buy new property is a common trend for homeowners over 55. Here’s why.
55Plus is a trading name of Mortgage Salad Ltd which is authorised and regulated by the Financial Conduct Authority and is entered on the Financial Services Register under reference 566220.
We charge a fee for equity release advice. The precise amount depends upon your circumstances. The maximum fee will be £1295 payable on completion. We will also be paid commission from the company that lends you money or buys your home.
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