Types of equity release scheme

There are two categories of equity release plans, both of which our specialists at Bower Retirement are fully qualified to advise you on. These are lifetime mortgages and home reversion plans.

The most suitable plan for you will depend on a number of deciding factors:

  • How much cash you wish to access
  • The value of your property
  • Whether you want all the money right now
  • The ages of you and your partner (if applicable)
  • If you wish to guarantee an inheritance for your loved ones
  • Your health and lifestyle (see ‘How much equity can I release?’)

Lifetime mortgage Home reversion plan

The best way to discover which type of plan is best for your individual needs and circumstances is by arranging a free, no-obligation consultation in the comfort of your own home with one of our expert advisers. Call free phone 0800 411 8668 today.