Equity Release Advice

Equity Release can be a good way of helping you to fulfil some retirement dreams, by turning some of the equity tied-up in your home into tax-free cash. It can also be spent on funding retirement now or spent on the family.

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 advice that you receive from your professional advisers.

DOWNLOAD OUR FREE EQUITY RELEASE GUIDE

Our Advisers are here to help you make an informed decision and will tell you straightaway if Equity Release isn’t right for you.

Read our Blog on Equity Release figures on the rise

Our financial advisers have relevant equity release qualifications. They will work with every client by initially spending time reviewing their situation and identifying whether equity release is indeed the most appropriate solution for their needs. Taking out an equity release scheme is not simply raising some cash now, but making a 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 – and don’t rush into making a decision.

 

Fill out your details using our Equity release calculator and receive an indication to see 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 do 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.
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

Richard Rutherford

Mortgage Manager

Christine Ward-Foxton

Mortgage Consultant

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Newcastle | Richmond | Northallerton | London

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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 are all authorised and regulated by the Financial Conduct Authority (Reference Numbers 431387, 142752, 195080) and trade under the name Gale and Phillipson. Gale and Phillipson (SE London) Ltd is authorised and regulated by the Financial Conduct Authority (Reference Number 195522) and trades as Indigo Financial Advisors. Registered in England and Wales numbers 05409822, 02232959, 03751076 and 04077157. Registered office: Gallowfields House, Fairfield Way, Richmond, DL10 4TB.

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