Do I qualify for Equity Release?
If you own your own home, it’s worth more than £70,000 and you are aged 55+ then potentially yes, you do qualify.
Is Equity Release Safe?
Yes. Via Bower we only recommend plans endorsed by The Equity Release Council, formally Safe Home Income Plans (SHIP) or those that offer the same guarantees. This means you get a whole set of guarantees including staying in your home for life and never leaving any debt to your loved ones.
Who are the Equity Release Council?
The Equity Release Council is the industry body for the equity release sector. Born from an expansion of the remit of SHIP (formerly Safe Home Income Plans) the Equity Release Council represents the providers, qualified financial advisors, lawyers, intermediaries and surveyors who work in the equity release sector. Please click here to find out more about the Equity Release Council and their Statement of Principles.
What can I use the cash for?
The cash is tax free and can be used for any purpose: home improvements; helping your family; holidays; paying off a mortgage or loans; a new car: covering the bills: whatever you need it for it’s up to you how you spend it.
Will I lose my home?
No. Providing your lifetime mortgage or home reversion plan is endorsed by the Equity Release Council or offers the same guarantees then there’s absolutely no danger of losing your home. Bower only recommends plans that offer these guarantees.
MR & MRS PARRY: BUCKHURST HILL said: "The procedure was made easy to understand and the legal safeguards fully explained. We have no regrets whatsoever and your family is equally satisfied."
This is a lifetime mortgage or home reversion plan. To understand the features and risks, please ask for a personalised illustration.
Why Bower Retirement is a well-established and trusted provider of equity release advice.
Respected for QUALITY OF ADVICE:
• Recommended by Solicitors and Financial Advisers
• Award winning advice well known throughout the industry for being thorough and comprehensive
• Highly knowledgeable advisers carefully chosen for their long term experience and expertise in the field of Equity Release
Whole of market INDEPENDENT advisers
• Access to every equity release provider on the market so we can source a plan to suit your specific needs
• Preferential offers and rates
• Ability to source plans that deal with special circumstances such as unusual properties and health conditions
PERSONALISED ADVICE in the comfort of your own home
• Friendly advisers offer appointments in the familiarity of your own surroundings at times to suit you
• Family members welcomed to all appointments if desired
Fully PERSONALISED REPORT & Entitlements Analysis
• Your own fully personalised report setting out our recommendations and reasons for them
• Checking to see whether you are receiving all entitlements due
• Suggesting alternatives to equity release so you have the chance to properly consider all your options.
PEACE OF MIND
We place great emphasis on making sure our customers are treated fairly and receive the level of service they deserve. All our cust
omers are afforded peace of mind in dealing with an award winning Equity Release Specialist.
FREE INITIAL NO OBLIGATION CONSULTATION
To help you find out more about equity release, we offer a no obligation initial consultation which is free of charge. There is absolutely no pressure and no obligation to proceed with a plan. We simply want to help by answering your questions and letting you know what’s involved.
To book yours, call us today on 0800 710 1447
Equity release may involve a lifetime mortgage or home reversion plan. To understand the features and risks, please ask for a personalised illustration. Bower provide initial advice for free and without obligation.
Equity Release Calculator
Try our Free Equity Release Calculator to find out how much money you could unlock from your home safely and tax-free!
Keep up to date with the latest news and advice on equity release by visiting our blog.
About Bower Retirement
Bower Retirement are an award-winning equity release specialist covering the whole of the UK with impartial face to face advice and free home visits. Bower is authorised and regulated by the Financial Conduct Authority (FCA), FCA Registration 451607, to provide independent advice on equity release products from the whole market. Winners at the 2009 and 2011 SHIP Equity Release Awards, Bower customers are guaranteed to receive the very best equity release advice. Bower fees are tailored to your individual requirements and are based on the products you need. You will only be charged once your plan completes and the precise amount will depend on your personal circumstances but our typical fee is £395 for advice, and our typical arrangement fee is £1,447 which is only payable when your plan completes. To understand the full features and risks, simply ask Bower for a personalised illustration.