Why is equity release becoming so popular?

House prices are up again by 12%* in just a year. The knock-on effect of this is that more people are looking at equity release as a way to boost their retirement income. As one of the more misunderstood products out there, this article will help you understand why the equity release market has grown by 36%** since last year.

Retirement income can help pay for the essentials, but what is left at the end of the month for enjoying the retirement you deserve? Your pension puts the bread and milk in the kitchen but what about holidays, home improvements, fine dining, treating the family, hobbies, pets, cars and get-togethers?

These are all the things you are supposed to be able to enjoy in retirement that pension and savings do not always allow, especially since the financial crash. Equity release is a way to use your good fortune in property to your advantage, by taking a small amount out of your home to use on the things and people you love. That’s why we have produced a guide to releasing equity from your home. Request the guide, read it and see if it is right for you. That way, at least you will know your options.

Call 01752 424 436 for your free copy of the Reader’s Digest Guide To Equity Release.

The guide includes facts, figures, FAQs, examples and next steps so you have all the information. If you’re calling from a landline you can use our free-phone number 0808 168 9205. By requesting a guide you are under no-obligation to proceed with equity release.

Sources:  * Financial Times 2014  **Equity Release Council 2014

This is a lifetime mortgage. To understand the features and risks, ask for a personalised illustration. Unless you decide to go ahead, our service is completely free of charge, as our typical advice fee of 1.6% of the amount released would only be payable on completion of a plan. The Reader’s Digest Equity Release Service is provided byRetiredom, a trading style of Responsible Life Limited, which is authorised and regulated by the Financial Conduct Authority. A lifetime mortgage may reduce the value of your estate and may affect your entitlement to state benefits. A personalised illustration will show you the affect of this.