Age Co Equity Release Advice Service
Published on 08 January 2019 01:19 PM
Equity release is available to UK homeowners aged 55 or over, with a property worth at least £70,000. It enables you to release cash that’s tied up in your home – tax-free, and without having to move.
The cash can generally be spent as you wish, making life that little more comfortable. Typical uses include giving financial gifts to loved ones, easing money worries or making home improvements.
If you need to unlock some of the money (equity) from your home while you still live there, equity release could be the answer.
Age Co offer a no obligation Equity Release Advice Service, through their trusted partner - HUB Financial Solutions, helping you find out if equity release is right for you.
There are no upfront costs for this service. You’ll meet with an adviser to talk about your needs and circumstances (this can happen over the phone if you prefer), learn what equity release is, and the different products available, the costs involved and how it reduces the value of your estate. You’ll get an estimate of how much cash you could release and find out what product might be suitable for you.
Sometimes your adviser will find an alternative solution for raising cash, so they may not always recommend equity release. If you are recommended an equity release product and want to go ahead with it, an advice and arrangement fee of £995 will be payable to HUB Financial Solutions on completion. You can use some of the money you release to pay this.
To book an appointment with an equity release adviser for yourself, a friend or family member, or an Age UK customer, talk to the Age Co Team at Age UK Nottingham & Nottinghamshire for more information or call 0800 028 5497
The Age Co Equity Release Advice Service is provided by HUB Financial Solutions Limited. Age UK Enterprises Limited trades under the trading name Age Co. Age UK Enterprises Limited (registered in England and Wales no. 3156159) is a trading subsidiary company of Age UK (registered charity, no. 1128267) and donates its net profits to Age UK. Age UK Enterprises Limited is authorised and regulated by the Financial Conduct Authority, FS Register number 311438. Age UK Enterprises Limited receive commission from HUB Financial Solutions Limited of up to 0.75% of the amount advanced under each equity release plan sold together with a contribution towards marketing support. The Age Co Equity Release Advice Service is provided by HUB Financial Solutions Limited. Registered office: Vale House, Roebuck Close, Bancroft Road, Reigate, Surrey RH2 7RU. Registered in England and Wales no. 05125701. HUB Financial Solutions Limited is authorised and regulated by the Financial Conduct Authority. Part of the Just Group plc.