Why choose to release equity 

The decision about whether a lifetime mortgage or retirement mortgage is a good option for you will depend on your requirements and personal situation. You will also want to consider alternatives such as downsizing, reducing your outgoings, or re-mortgaging
 
There are strict controls in place to protect you and a wide range of products are now on offer so you have greater flexibility and control. You can choose to repay some or all of the interest on a regular or occasional basis or protect a percentage of your home’s value for your family’s inheritance. 
 
If you are concerned that there might not be enough equity in your estate to repay the mortgage when you die, you have the reassurance the most lifetime mortgages offer a no-negative-equity guarantee, which is an Equity Release Council standard. 

Choices for your later life 

If you are a homeowner over the age of 55 you might want to consider equity release to: 
 
pay off an existing mortgage 
make improvements to your home 
stay in your own home for longer 
buy a new property 
increase your income in your later years 
help family members to pay a deposit for their own home 
take the holiday of a lifetime. 
 
Depending on your age and personal circumstances you might want to know how your choice could affect any beneficiaries of your estate after you die, the amount of interest that could build up, and your day to day financial position. You will be expected to maintain your home, so you will also need to put aside some money for this. 
 

Professional advice 

With such a wide range of options available it’s important you take professional advice about whether equity release is a good choice for you. 
 
Janus Consultants provide friendly, face to face independent advice tailored to your specific needs. We will search the market to compare options for you and provide personalised illustrations. We will explain the whole process so that you have all the information you need to make your decision. 
 
Janus Consultants is an appointed representative of The Right Mortgage company which is authorised and regulated by the Financial Conduct Authority (FCA)

Contact us for an informal discussion about your equity release options 

For an initial consultation, contact Mark Collender Certs CII (MP & ER)  
on 01908 751485 or enquiries@janusconsultants.co.uk 
Fill in the form below and a member of our team will contact you shortly 
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