If you are thinking about an equity release scheme, it’s important to get professional equity release advice. Here are some key questions to ask your financial adviser, to ensure their advice is impartial and specialist. Don’t be afraid to ask these questions; your adviser must, by law, give you the answers as part of their ‘Initial Disclosure’ information about themselves.
As already mentioned, the pros and cons of equity release generally, as well as the pros and cons of specific schemes, will be different for each person. So your financial adviser will want to understand your personal and financial circumstances in great detail.
Get information on services that list financial advisers who deal with equity release and may be able to help you.
Seven specialist solicitors have formed the Equity Release Solicitors’ Alliance to help aid the public in finding independent legal advice on equity release – from a borrower’s perspective.
Other organisations that have information on equity release.