Contact US:
 Telephone: 01257 422067 - Fax: 01257 368607
Email: info@wiganpps.co.uk

Mortgages are regulated by the Financial Services Authority. Property Sales, Lettings, Commercial Mortgages and Cyprus Mortgages are not regulated by the Financial Services Authority.
 Think carefully before securing other debts against your home. Your home may be reopsessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The precice amount will depend upon your curcumstances, but the fee for residential mortgages would never exceed 1% of the loan.
Mortgages
Property
Finance
Insurance
A trading name of
Independent Property Advice
&
H
ALL
HOUGHTO
N
01257
422067
Cyprus Property
Equity Release

Let us tell you how releasing money from your home could give you a more comfortable retirement. However, Equity Release is a complex subject and it is vital to take independent advice before signing up to a scheme of this kind.
 Whilst speaking to an independent specialist adviser is the only way of answering all your questions the following Frequently Asked Questions and Answers should help you decide if you wish us to arrange a meeting for you with an Adviser.
Q. What is Equity Release?
A. As a home owner you will have invested a lot of time and money in your home. You may also find your retirement income is not as much as you would like. Sometimes people decide to sell their home to help with retirement income, whilst others have their hearts set on staying in their home.
 Equity Release allows you to release some money from your home, without having to move, which can then be used towards a more comfortable retirement.
Q. Why Release Equity from your home?
·
Over 55 - release money locked up in your home.
·
Release costs for home improvements, holidays etc.
·
Access your money AND stay in your home.
·
Need income in retirement?
Q. Why do I need Independent advice?
A. Getting the support of an independent specialist means you have access to a wide choice of equity release schemes from many providers. Your adviser will explain clearly any fees involved in this service and will get you a suitable recommendation from a competitive plan.
Q. Am I at risk if house prices change?
A. NO - all Safe Home Income Plans are approved plans and come with a "no negative equity" guarantee which protects you against the negative impact of falling house prices. You still continue to benefit from rises in house prices but with the guarantee that you will never owe more than the value of your property.
Q. Do I have to repay the loan?
A. NO - typically there are no monthly payments required with equity release schemes. The loan is repaid when the house is finally sold. This usually happens on your death or when you move into long term care. If the house is in joint names both partners have the right to remain in the home for as long as they wish.
Q. If I am receiving state benefits would Equity Release affect me?
A. An equity release scheme could have an impact on your entitlement to state benefits.
Our specialist independent adviser will provide you with a personalised report showing how equity release will affect your current situation and will advise you accordingly.
Right to Buy Mortgages
If you have been considering buying your Council house or flat but you are unsure whether it is the correct option, contact us on 01257 422067.
We will arrange an informal chat TOTALLY FREE OF CHARGE to discuss:
Ÿ
Your options - The Cost involved - How much you can borrow.
Ÿ
What discount you may be entitled to - whether you can borrow an extra amount for home improvements.
If you decide you wish to proceed we will help you complete the forms and will arrange the mortgage on your behalf.