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Equity release enables UK homeowners aged 55+ to unlock some
of the equity from their home without the need to make any monthly repayments.
Equity release plans, also known as lifetime mortgages, have evolved rapidly over the last decade and there are now offer several equity release options to suit today’s discerning homeowners.
When the plan comes to an end (typically when your client
passes away or moves into long-term care), then their property is sold and the
loan plus roll-up interest is repaid in full. Any remaining monies are returned
to their estate.
With a plan in place, your clients will be
able to enjoy a wealthier retirement without having to sell and move from the home
Is my client eligible?
To be eligible for an equity release plan, your clients must:
Did you know that…
Equity release with Bower
Equity release is
usually a lifelong commitment, so it is vital your client seeks the advice of a
reputable independent equity release specialist.
By referring your
clients to Bower, we can ensure they receive expert guidance every step of the
way, plus gain access to some of the best deals available from the entire market.
Find out why somany Introducers choose to refer their valued clients to Bower time and againby reading Why partner with us?