Equity Release Essex – David Smith Financial Services
What Is Equity Release?
Over the last few years many people have seen a significant increase in the value of their properties, leaving a vast number of people with most of their wealth ‘tied up’ in their property. Equity release is the process of accessing the wealth tied up in your property and can be used to unlock the value in your home. You may wish to consider Equity Release for one of the following reasons:
Increase your Income
Some people have a lot of wealth but little income, or in other words they are ‘Asset rich’ but ‘cash poor’. Equity release products can be used to increase your monthly income or help to maintain your standard of living in retirement.
Raise a capital lump sum
Other people would simply like to make home improvements, pay off their existing mortgage, reduce their debt or even pay for a holiday. Equity release products can also be used to meet these needs.
Equity release can help you to:
Make home improvements.
Have an income for life.
Stay in your own home for longer.
Pay off an existing mortgage or to purchase a property.
Go on that cruise or dream holiday.
Help children onto the property ladder.
Kerry Draper DipPFS – Equity Release Essex
Kerry Draper is our Equity release adviser and has almost 30 years’ experience in the industry. Kerry has achieved her Diploma in Financial Services Level 4 and is fully qualified to provide financial advice. She has also achieved her Certificate in Mortgage Advice and Equity release.
Please speak to Kerry at David Smith Financial Services today to see if Equity Release is suitable for you!
If you would like to know more please phone 0208 508 0156. Alternatively click below to see our contact details page to send us an email…