Why consider Equity Release?
Cotswold Independent Financial Services are working with people who own a property and see a shortfall in their pension provision which can be met through equity release. Other motivations for considering equity release include supporting family members to get on the property ladder.
The Equity Release Council explains “plans are not right for everyone and it is important that you fully consider your options and receive independent financial advice before making a decision. It is also important that, if you do decide to use an equity release product, you choose one that meets your needs.
Remember that taking an equity release plan is generally a long term option. However, there are flexible plans available that may fit your varying needs and some will allow you to repay in the future without any penalties. A financial adviser can help you to choose the plan that is right for you.” This is where a discussion with Cotswold Independent Financial Services would help identify whether it is a suitable option for you to consider.