Membership Level: Full
Quoting: maurice robinson
is there any members who have or who are considering taking monies out of their property through these well advertised Equity Release Schemes , if so what are the Pros and Cons.
Although I am not considering Equity Release, I have read up on it, as I like to know what is available should the need ever arise.
You can obtain a free guide to Equity Release, if you have not already done so, by ringing 0800 531 6012, this guide is issued by Key Retirement Solutions, who in effect act as agents for the major providers,eg Aviva, and is done in conjunction with the Daily Mail, I found it very informative.
If you do request a copy , expect them to contact you, although I personnally did not experience any hard sell.
The advice always given, is to consult your family members and your Solicitor, before making any final decision.