Blake and Day Independent Financial Advisors helping to explain Equity release, and how it
can help you to unlock cash from the value of your home. Financial freedom in later life can
help you in a number of ways – renovating your home, helping your children, or simply
supplementing your income – equity release is designed to help. The type of equity release
we offer is a lifetime mortgage. It’s a long-term loan on the value of your home, which is
repaid, usually from the sale of your home, when you (and your partner, for joint lifetime
mortgages) die or need to go into long-term care, subject to our terms and conditions.
Entering into a lifetime mortgage will reduce the amount of inheritance you can leave
behind. It may also affect your tax position and eligibility for welfare benefits.