Unlock the Potential of Your Home with Equity Release
Introduction to Equity Release: Welcome to RS Financial, where we help you unlock the hidden value of your home with equity release solutions tailored for those over 55. Whether you’re looking to supplement your retirement income, fund a dream project, or simply enjoy a more comfortable lifestyle, our equity release options provide a smart way to access the wealth tied up in your property.
What Is Equity Release?
Equity release is a financial option that enables homeowners aged 55 and over to release the value of their property in the form of a tax-free cash lump sum or smaller, regular payments. With equity release, you can retain ownership of your home while accessing the money you need for today’s expenses or tomorrow’s aspirations.
Types of Equity Release Schemes
At RS Financial, we offer two main types of equity release:
Lifetime Mortgages:
This is the most popular form of equity release. You borrow against the value of your home at a fixed interest rate, with no need to make monthly repayments. The loan, along with the rolled-up interest, is repaid when your home is sold, usually when you pass away or move into long-term care.
Home Reversion Plans:
Here, you sell a part or all of your home to a reversion company in exchange for a lump sum or regular payments, while retaining the right to live in your home rent-free for life.
The Benefits of Choosing RS Financial for Equity Release
- Tailored Solutions: We provide personalised equity release plans that align with your retirement goals and financial situation.
- No Negative Equity Guarantee: Our plans come with a no negative equity guarantee, ensuring you never owe more than the value of your home.
- Flexible Repayment Options: Depending on the scheme, you can opt to make interest payments or let the interest roll-up.
- Expert Advice: Our team of specialists offer comprehensive guidance throughout the process, ensuring you make an informed decision.
Is Equity Release Right for You?
Equity release might be an ideal solution if you’re asset-rich but cash-poor, and looking to enhance your financial freedom in retirement. It’s crucial, however, to consider the impact on your estate’s value and eligibility for means-tested benefits. That’s why at RS Financial, we stress the importance of independent advice.
Get in Touch with RS Financial
Ready to explore how equity release can transform your retirement? Contact RS Financial today for a no-obligation consultation. Our experts are on hand to answer all your questions and guide you towards a brighter financial future.
Get in Touch
Begin your mortgage journey in Watford with RS-Financial. Contact us today for a consultation without any obligations.
RS Financial is a trading name of Right Solutions Financial LTD. Right Solutions Financial LTD (917725) is a appointed representative of Andrew Nolan Mortgages LTD which is authorised and regulated by the Financial Conduct Authority . Andrew Nolan Mortgages LTD Parkhill Business Centre, Walton Road, Wetherby, West Yorkshire, LS22 5DZ (FCA 918720) A Commercial Buy to Let mortgage is where the borrower is acting by way of business and is not regulated by the FCA and therefore the provision of our service does not hold this additional level of consumer protection, unlike for residential mortgages.
As a mortgage is secured against your home, it could be repossessed if you do not keep up the mortgage repayments