Equity Release Advice

Equity release can be a good way of helping you to fulfil some retirement dreams. You can turn some of the equity tied up in your home into tax-free cash. It can also be spent on funding retirement now or on the family. Need some equity release advice? Call us now and one of our later life specialists will be happy to help or Arrange a call back and we will call you.

Why choose Gale and Phillipson?

You can unlock tax-free cash from your house to provide a better retirement. However, equity release has costs associated with it, and these costs can be expensive. Your home will need to be valued, and you’ll need to pay for the equity release advice that you receive from your professional advisers.

Our advisers are here to help you make an informed decision and will tell you straightaway if equity release is right for you.

Our financial advisers have relevant equity release qualifications and will work with you to review your situation. Gale and Phillipson understand that taking out an equity release scheme is not simply raising some cash.  This is an important financial decision that will affect you for the rest of your life. So, our advisers will work with you to make sure you know exactly what you’re getting into before you rush into making a decision.

We are also proud to be a part of the Equity Release Council, which promotes high standards of conduct and practice in equity release advice and provision. See our profile here.

Use our equity release calculator and receive an immediate indication of how much equity you could release.

Please note:

  • There are two types of equity release schemes, Lifetime Mortgages, and Home Reversion plans.  This calculator solely relates to lifetime mortgages.  Gale and Phillipson does not provide advice in respect of home reversion plans.
  • It is important to understand the features, costs and risks of a lifetime mortgage.  It’ll reduce the amount of inheritance you can leave, and may affect your tax position and access to some benefits.
  • The amount shown is only an indication and is not guaranteed.  The actual amount you may be able to release will depend on a range of factors, including age, health, property value, and property type.
  • It may not be advisable to borrow all the money available.
  • Any outstanding mortgage or loan secured on the property will need to be repaid using the proceeds of the release, and therefore you will receive less than any figure indicated.
  • With some lifetime mortgages you may be required to make monthly payments.  Your home may be repossessed if you do not keep up the repayments secured on the property.
  • The calculator does not take into account your own circumstances, you should always seek professional advice.

Find out more about our financial services. We also offer advice on mortgages in Yorkshire, ethical and environmental investments and retirement planning.

Call us and one of our team will be happy to help or arrange a call back

Equity Release Mortgage Advisers

Kay Brown

Mortgage Consultant (North England)

Richard Rutherford

Mortgage Manager (North England)

Elaine Snow

Mortgage Consultant (London & South England)

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Regulatory Statement

Gale and Phillipson Investment Services Ltd, Gale and Phillipson Advisory Services Ltd, Gale and Phillipson General Financial Services Ltd and Gale and Phillipson (SE London) Ltd are all authorised and regulated by the Financial Conduct Authority (Reference Numbers 431387, 142752, 195080, 195522).  Gale and Phillipson (Herts) Ltd and Gale and Phillipson Consulting Ltd are appointed representatives of Gale and Phillipson Advisory Services Ltd.  Gale and Phillipson (Surrey) Ltd is an appointed representative of Gale and Phillipson Investment Services Ltd. (Reference Numbers 615821, 811525, 703337). All companies trade under the name Gale and Phillipson and are registered in England and Wales numbers 05409822, 02232959, 03751076, 04077157, 08864945 and 04823391.  Registered office for all companies is Gallowfields House, Fairfield Way, Richmond, DL10 4TB.