Blevins Franks Mortgage Services has launched a guide to equity release schemes
The guide has been designed to inform people aged 60 considering an equity release scheme about the different options available to them and to highlight both the benefits and pitfalls.
Under-funded pensions and depressed annuity rates mean many retired people need to supplement their pensions. Substantial increases to property values mean that there are large amounts of cash tied up in property which can be released to either raise additional income to supplement their pensions or to reduce potential inheritance tax liabilities.
For a limited period the guide is available free of charge and is available directly by calling Blevins Franks. The guide can also be downloaded via the Blevins Franks Mortgage Services website.