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Equity Release Mortgages
A SOURCE TO FUND YOUR FINANCIAL NEEDS
Equity Release can help retired homeowners by unlocking some of the
capital tied up in their home. Many retired people have already used
GTT Equity Release to ease cash-flow, to make essential repairs, to
help their family as well as for many other sound reasons where extra
cash is needed. To make more funds available for your future is so
important.
As we are all to aware, pensions, investments and savings don't always
provide the kind of retirement people had hoped for, but assistance
can be obtained from an equity release plan which can provide another
option. |
"EQUITY RELEASE PLANS"
An equity release plan is usually based on the value of your home, your
gender and your age when you start the plan. Your health and life expectancy
may also be important for some plan providers.
GTT Equity Release plans can offer a lump sum, a regular income or both.
The lump sum could be tens of thousands of pounds, the monthly income
boost should be well worth considering.
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An advisor will help you consider Equity release and the options
available, as well as its suitability when compared to alternative
solutions. Independent legal advice should always be sought, as well
as the views of family or intended beneficiaries.
Equity release arrangements
can be complicated and are a major step for most people.
Your house
is almost certainly the most expensive asset you own; it is also your
home. Good advice is therefore essential. Equity release will not
suit everyone therefore it is always worthwhile considering whether
funds could be raised from other sources. Money released from the
value of your principle residence is free of tax. |
You don’t have to move house or sell your home to unlock equity
and with a reputable equity release scheme there is a rock-solid guarantee
that you will be able to continue to live in and enjoy your home until
the day you die and in most cases still be able to leave something of
the property’s value to your family. Retirement should be a time
to enjoy the rewards of your hard work and look forward to doing the things
you like to do best. Equity release allows you to release money from the
value of your home. It can be a good way to supplement your income, if,
like many people, you are “property rich but cash poor”.
"SAFE HOME INCOME PLANS"
Equity Release plans considered by us will carry the SHIP logo (Safe Home
Income Plans). SHIP (0870 241 6060) is an industry body set up to promote
safe equity release schemes. Companies who are members provide a number
of guarantees, including: you will have the right to live in your property
for life; the freedom to move to an alternative property without penalties;
and that you will never owe more than the value of your home. We offer
whole of market advice on Lifetime Mortgages and Home Reversion Schemes,
as well as demanding high standards of advice and practice, all in our
determination to provide you with a tailor-made solution.
We are committed to treating all of our customers fairly all
of the time.
To this end, we have a whole of market lender panel,
are easily contactable and are committed to finding the mortgage that
is most suitable for you. To help us do this for you, please complete
the registration form opposite and we will contact you straight away
to discuss your circumstances and your need and preferences.
"WHAT TO DO NEXT"
Complete the form opposite to obtain more information on your personal
requirements.
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GTT
Equity Release will contact you within 24 hrs or before.
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