Equity Release
Clear ConciseEquity Release Advice
Started here in Ipswich in 2001, Lighthouse Platinum Wealth Management Ltd has helped many homeowners over the age of fifty-five make use of Equity Release for a variety of reasons.
Professional advice should be sought when considering Equity Release, and our qualified advisor Mike Hodgetts can help you understand the options available and the features of both Lifetime Mortgages and Home Reversion plans. Mike is a member of the Equity Release Council, and any research and recommendations come from the whole of the market.
Understanding Equity Release
Equity Release is a means for homeowners over the age of fifty-five to realise part of the value of their home without the need to sell and move.
The version most often recommended is called a Lifetime Mortgage.
With a lifetime mortgage, you can borrow a percentage of the value of your home. The exact amount you can borrow depends on factors such as your age, the property’s value, and the lender’s policies.
One of the key features of a lifetime mortgage is that there are typically no monthly repayments. Instead, the loan, including the interest, is repaid when you sell your home, move into long-term care, or pass away.
Available as a single lump sum, multiple ad-hoc amounts taken as and when you choose, or even as a fixed monthly income, the money is tax-free on release, and you retain full ownership of your home.
Considering equity release is a significant financial decision, it is crucial to seek professional advice from a qualified advisor who specialises in equity release.
What we Offer
We offer a complimentary initial consultation, during which we will clearly describe any fees that would apply should we go forward together.
At Lighthouse Platinum Wealth Management, we provide impartial, personalised advice and recommendations backed-up by ongoing support and service to keep you on the right financial track.
Equity Release can be used for any legal purpose, among the most common uses are:
Topping up retirement income, repaying existing debt, including mortgages, or financing lifestyle and home improvements. It can also be used for funding holidays, or purchasing a more modern-reliable and eco-friendly car. Additionally, equity release can help with family financial support, like gifting money to assist family members in buying a property.
If you would like us to have a look at an existing plan you have, please contact our advisor, Mike Hodgetts. – click below to contact Mike. Or call 01473 730999
Contact us now for clear concise Equity Release Advice
We take your Privacy Seriously. Personal information submitted to us with this form will be treated in accordance with the Data Protection Act 2018 and General Data Protection Regulations ‘GDPR’. By submitting this enquiry form, you expressly consent to be contacted without prior notice or arrangement by using the contact details you have provided on the form. For further information on how we treat your personal information, please view our Privacy Policy
Lighthouse Platinum Wealth Management Ltd is an appointed representative of Sense Network Limited, which is authorised and regulated by the Financial Conduct Authority. Lighthouse Platinum Wealth Management Ltd is entered on the Financial Services register (www.fca.org.uk/register) under reference number 214128.
Registered Address: 4 Constable Court, The Street, Belstead, Ipswich IP8 3LY . Registered in England & Wales, No: 04235587.
The information contained within this website is subject to the UK regulatory regime and therefore restricted to consumers based in the UK.
The Financial Ombudsman Service is available to sort out individual complaints that clients and financial services businesses aren’t able to resolve themselves. To contact the Financial Ombudsman Service, please visit www.financial-ombudsman.org.uk.