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Why might I take out equity release?

Releasing equity from your home can be a difficult decision to make. Here are some reasons you might do it.

Equity release image

Common uses for equity release:

  • Exciting holidays - go on that holiday or cruise you've always dreamed of.
  • Home improvements - add that conservatory or extension you've always wanted.
  • New car - you may have always dreamt of having a nice new car but always put it off. 
  • Help your children get on to the property ladder - you might want to help your children if they are struggling to get on the property ladder.
  • Improve your lifestyle - your retirement is the perfect time to live the lifestyle and comfort you deserve.
  • Release cash from your home and continue to live in the property.
  • Increase retirement income - tax free cash can be released as a lump sum, a regular income or a combination of both.

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