The population is living longer, that’s no surprise, but have you set aside enough to fund your retirement? Many clients are helping their children financially now where they can see their children benefit rather than passing on their wealth when they die. After all, if you should live to be 100, there is only so much that an 80-year-old child can do with an inheritance!

These days, relieving the financial pressure from children or family when they are younger is arguably more valuable than them receiving a larger gift or an inheritance when they are much older.

Also, the way we buy houses has changed over the years.

Once, it was commonplace to have paid off a mortgage towards the end of your working life, but many retirees are now still making mortgage payments long after they reach the age of retirement or are having to continue to work longer than they would like to make these payments and maintain their standard of living.

A Lifetime Mortgage is a form of Equity Release where you can release some of the money that’s tied up in your home – tax-free – to spend on anything you want or need.

There could be any number of reasons why you’d like to stay in your own home as you get older, least of all being the fact you’ve grown attached to where you live, and you want to stay there.

Improving the quality of your retirement with a lifetime mortgage may mean the peace of mind to plan more leisure time.

Can you afford to ignore the value that is locked in your house?

Talk to us about a Lifetime Mortgage and you may be able to borrow money secured against your home while retaining ownership. Equity Release is also available on second properties.

As the name suggests it is a financial commitment that’s designed to last a lifetime which is why you must take specialist advice before you commit.

As a member of the Equity Release Council our qualified advisers can help you explore alternative options. We will take the time to explain how equity release works and will debunk any myths or misinformation leaving you in a position to make a fully informed choice.

The Equity Release Council represents the equity release sector and exists to promote high standards of conduct and practice in the provision of and advice on equity release which have consumer safeguards at its heart.

These standards and safeguards give financial advisers and their customers confidence in the products, dispelling myths about equity release, and educating the public about the potential to access the wealth in their home for a variety of uses.

There are certain criteria on who can take out a lifetime mortgage, so make sure you call our office on 01752 837950 and talk to an adviser.