There are various ways in which you can use the money from your equity release. Here is a selection from my own Client Bank:
- Repaying existing mortgage
- Clearing Debts
- Home Improvements
- New Car
- Travel
- Essential Property Refurbishment
- Divorce Settlement
- Medical Operations
- Providing Disability Living Aids (to remain in own home)
- Providing Home Care Help
- Bucket List
- Gifting to Grand Children for Mortgage Deposit
- Gifting to Children for Divorce/ Separation Costs
- Moving home
- Gifting to Children for Debt Consolidation
- Subsidising Income/ Adding to Pension Income
- Assisting Elderly Parents Financially
Anything at all really, but essentially it’s all the same reason – Personal Security!
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Don’t hesitate to contact us for advice via advice@equityreleaseadvisors.com or call us on 01268 799211.
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