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Care in your OWN home

Writer: Lyn PalmerLyn Palmer
Oct 11, 20241 min read

There is an alternative to a residential care home.


Let your home pay for your care in your OWN home



There is an alternative to a residential care home. Let your home pay for your care in your OWN home
There is an alternative to a residential care home. Let your home pay for your care in your OWN home

 
 
 

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Email: Lyn@simplifiedequityrelease.co.uk

Phone: 07887 885182

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Equity release may involve a home reversion plan or a lifetime mortgage, which is secured against your property and will reduce the value of your estate and impact funding long-term care.

 

Equity release requires paying off any existing mortgage. Any money released, plus accrued interest would be repaid upon death, or moving into long-term care.

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With a lifetime mortgage, if you don't make repayments interest will roll up over time.  This will increase the size of the debt and will reduce the amount left that will be left to your beneficiaries when you're gone.

 

We provide initial advice for free and without obligation. Only if your case completes would our advice fee of £1,695 be payable. Other lender and solicitor fees may apply.

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Simplified Equity Release is a trading name of Equity Release Associates Limited, which is authorised and regulated by the Financial Conduct Authority. FCA registered number 932793. Company registered in England and Wales number 12258392. VAT Registered Number 365 5888 43. Registered address, 2200 Century Way, Thorpe Park, Leeds, LS15 8ZB.


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