All you need to know about equity release

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "All you need to know about equity release"

Transcription

1 All you need to know about equity release The Age UK Equity Release Advice Service is provided by Just Retirement Solutions Limited. Registered office: Vale House, Roebuck Close, Bancroft Road, Reigate, Surrey RH2 7RU. Registered in England Number Just Retirement Solutions Limited is authorised and regulated by the Financial Conduct Authority. Please note your call may be monitored and recorded. Age UK is a registered trademark of Age UK (charity no ). The use of the name and logo Age UK is done so under a licence agreement between Age UK and Age UK Enterprises Limited, its commercial arm and part of the Age UK Group. Registered in England and Wales no Registered office: Registered office: Tavis House, 1-6 Tavistock Square, London WC1H 9NA. Age UK Enterprises Limited receives commission from Just Retirement Solutions Limited of up to 0.75% of the amount advanced under each equity release plan sold, plus a contribution towards marketing support. Surplus net profits raised by Age UK Enterprises Limited from commission are donated to Age UK the Charity

2 How equity release could help you make the most of your retirement For no obligation advice: call

3 Why equity release could be right for you Everyone has a vision of their perfect retirement our purpose at the Age UK Equity Release Advice Service provided by Just Retirement Solutions is to help that vision become a reality. Few would disagree that extra cash in your retirement could come in handy; equity release allows you to free up cash from the value of your home without the stress of having to sell up and move. In fact there are a number of ways it could help: Top five reasons Age UK customers take out equity release for All our advisers are qualified specialists in equity release and are there to put your needs first. If equity release is not right for you, our adviser will clearly state the reasons why and identify other options for you. If it is right for you, they will provide you with a personalised illustration and recommend a plan suitable for your circumstances. This illustration will show you how much cash you can expect to release and highlight the features and risks of the plan. What s more, our adviser will provide a full analysis of your state benefits and ensure that you re claiming the maximum available. They will also tell you the effect releasing equity will have on your current entitlement, if any. 1 Clearing mortgage 2 Home improvements 3 Clearing debt* 4 Gift for family 5 Holiday * Think carefully before securing other debts against your home. JRS customer research, July 2013 to June 2014 Whatever the purpose, it s important to remember that equity release is a lifelong commitment, so there are certain issues to think about: Will your current level of income keep up with inflation? Will your savings or investments meet future requirements such as private healthcare? What would happen financially if you or your spouse became ill or died? Could you leave behind cash for your family and if so how much? Equity release may involve a lifetime mortgage or a home reversion plan. To understand the features and risks, ask for a personalised illustration. Equity release may not be right for everyone. It may affect your entitlement to state benefits and will reduce the value of your estate. If you decide to take out a plan, there will be a fee of 675 for advice and arranging an equity release plan Just Retirement Solutions recommend. You will only be charged if you decide to take out a plan. This specialist advice carries no obligation. Case study Mr and Mrs H s story Mr and Mrs H from Wigan contacted the Age UK Equity Release Advice Service wanting to know whether equity release could help them in retirement. After looking at their circumstances, we understood that Mr and Mrs H wanted to raise funds for some home improvement. We would say it was excellent. Our adviser went through every detail with us. There was nothing that we felt she didn t cover. Our adviser was able to recommend Mr and Mrs H a product which provided an initial lump sum of 25,000 with an additional amount available when required. We know we have a good home and at our time of life we know we can enjoy it, simply because of the equity release from the Age UK Equity Release Advice Service provided by Just Retirement Solutions. Mr and Mrs H, Wigan This has allowed them to replace their furniture, fixtures and fittings inside and outside of the house and carry out some maintenance work. Impressed with the standard of the service they received, Mr and Mrs H said: Equity release has helped us to feel more relaxed. We know we have the money for future purchases that we may need. We have a good home and at our time of life we know we can enjoy it, simply because of the equity release from the Age UK Equity Release Advice Service provided by Just Retirement Solutions. 2 3

4 Why choose Just Retirement Solutions? We are specialists in the retirement market and we want it to remain that way. We value our customer service and our aim is to positively transform our customers lives in retirement. We have been offering advice to customers since launching in 2006, and have helped thousands of customers decide whether equity release is right for them. Apart from our own high standards, we work as a member of the Equity Release Council (the industry body for the equity release sector) which has been established to ensure that customers can be confident that their best interests are protected. For further information visit We are authorised and regulated by the Financial Conduct Authority. For no obligation advice: call The call centre opening hours are 9am-6pm, Monday to Friday. Calls are charged at local rates and may be monitored and recorded for training purposes. The Age UK Equity Release Advice Service is provided by Just Retirement Solutions Limited. Registered office: Vale House, Roebuck Close, Bancroft Road, Reigate, Surrey RH2 7RU. Registered in England Number Just Retirement Solutions Limited is authorised and regulated by the Financial Conduct Authority. Please note your call may be monitored and recorded. Age UK is a registered trademark of Age UK (charity no ). The use of the name and logo Age UK is done so under a licence agreement between Age UK and Age UK Enterprises Limited, its commercial arm and part of the Age UK Group. Registered in England and Wales no Registered office: Registered office: Tavis House, 1-6 Tavistock Square, London WC1H 9NA. Age UK Enterprises Limited receives commission from Just Retirement Solutions Limited of up to 0.75% of the amount advanced under each equity release plan sold, plus a contribution towards marketing support. Surplus net profits raised by Age UK Enterprises Limited from commission are donated to Age UK the Charity. 4 10/

5 Helping us to help you Budget planner To help us fully understand your current requirements, it would be helpful if you could consider the questions below and complete the information as fully as possible before your appointment. Financial details Applicant 1 Name: In addition to the needs you have already expressed, it can be helpful to understand your potential future needs or wishes you have for your retirement. The table below may help you in identifying these. Financial details Applicant 2 Name: Income (after tax) Applicant 1 Applicant 2 Joint (if applicable) Earned income Pension (State) Pension (other) Investment income Investment withdrawals Nursing Care Contribution Rental income Other (specify in notes section) State benefits (other than State pension) Total income Total net joint income (if different) Details of benefits received due to disability Applicant 1 Applicant 2 Disability Living Allowance Care level Disability Living Allowance Care amount Disability Living Allowance Mobility level Disability Living Allowance Mobility amount Attendance Allowance level Attendance Allowance amount

6 Detail means tested benefits Applicant 1 Applicant 2 Guaranteed Pension Credit (GPC) amount Savings Pension Credit (SPC) amount Council Tax Reduction (CTR) amount What is your full Council tax bill? (Remember to alter for single occupancy) Are you in receipt of other benefits? (If yes please provide details) Benefit name: Benefit amount: Frequency (please tick) Expenditure (per month) Total Future expenditure / need Amount Timescale Mortgage Rent / service charge / ground rent Credit cards Loans / hire purchase agreements Council Tax (inc Benefits) Water rates Electricity / gas / other heating costs Telephone / mobile telephone / internet Household (food and toiletries) Television (Sky TV etc) Furniture / repairs and maintenance Clothing / footwear Children / Grandchildren Travel costs (car fuel / bus / taxi) House insurance Other insurances (eg. pet / life / pension / health) Leisure / recreation / holidays Other (eg. smoking / socialising) Total monthly expenditure Net monthly income Net monthly surplus / shortfall Higher income required Home improvements (eg. conservatory) Home maintenance (eg. new boiler) Leisure (eg. holidays) Supporting your family (eg. house deposit) Health (eg. residential care / hip replacement) Capital expenditure (eg. new car) Wills / Power of Attorney Other please specify

7 The Age UK Equity Release Advice Service a step by step guide Step one You will receive an information pack from us. Your pack includes information on how equity release may help you achieve your goals, the various plans available and things you should consider. Step two An initial appointment is booked for you with your specialist adviser. You will receive a budget planner to help plan your outgoings. When completing your budget planner, please think about your current expenditure and future needs, such as home maintenance or improvements, supplementary income, health needs, help for your family or even major expenditure such as a new car. Step three Your adviser will contact you to check everything is in order and to confirm the appointment. At your appointment, you will be able to discuss your goals and requirements with your adviser. Your appointment also enables you to consider all the options, look at alternatives and receive answers to your questions. Step four Your adviser will review your objectives and requirements and build a report based on these. Step five Your adviser will be in regular contact with you to answer any questions you may have and to arrange a further appointment with you. Step six At your next appointment your adviser will present their recommendations. If you feel comfortable and want to go ahead, you complete your application. Equity release may involve a lifetime mortgage or a home reversion plan. To understand the features and risks, ask for a personalised illustration. For more information please call or The Age UK Equity Release Advice Service is provided by Just Retirement Solutions. If you decide to take out a plan, there will be a fee of 675 for advice and arranging an equity release plan Just Retirement Solutions recommend. You will only be charged if you decide to take out a plan. This specialist advice carries no obligation.

8 Questions to ask your adviser Notes The Age UK Equity Release Advice Service is provided by Just Retirement Solutions Limited. Registered office: Vale House, Roebuck Close, Bancroft Road, Reigate, Surrey RH2 7RU. Registered in England Number Just Retirement Solutions Limited is authorised and regulated by the Financial Conduct Authority. Please note your call may be monitored and recorded. Age UK is a registered trademark of Age UK (charity no ). The use of the name and logo Age UK is done so under a licence agreement between Age UK and Age UK Enterprises Limited, its commercial arm and part of the Age UK Group. Registered in England and Wales no Registered office: Registered office: Tavis House, 1-6 Tavistock Square, London WC1H 9NA. Age UK Enterprises Limited receives commission from Just Retirement Solutions Limited of up to 0.75% of the amount advanced under each equity release plan sold, plus a contribution towards marketing support. Surplus net profits raised by Age UK Enterprises Limited from commission are donated to Age UK the Charity /2014

Making the most of your retirement

Making the most of your retirement Making the most of your retirement A guide to equity release and our advice service Provided by Contents Welcome from the Age UK Group 3 Do more with your retirement 4 What is equity release? 5 Is equity

More information

Your retirement could have even more going for it

Your retirement could have even more going for it Your retirement could have even more going for it A straightforward guide to equity release For no obligation advice: call 0800 015 0993 www.justretirementsolutions.com Contents Imagine what you could

More information

Equity Release your essential guide

Equity Release your essential guide Equity Release your essential guide Welcome This guide has been put together to explain equity release, what it means and the options it can offer. We aim to give you as broad an overview as possible and

More information

A Guide to Releasing Capital from your Home

A Guide to Releasing Capital from your Home Advice for older people A Guide to Releasing Capital from your Home Advice provided by Advice for older people FirstStop Advice brings together the expertise of some of the most trusted and respected organisations

More information

Roll-up Lifetime Mortgage Lump Sum Plus Lifetime Mortgage

Roll-up Lifetime Mortgage Lump Sum Plus Lifetime Mortgage For financial advisers only. Not approved for use with customers. Lifetime Mortgages Roll-up Lifetime Mortgage Lump Sum Plus Lifetime Mortgage Technical guide for financial advisers Using the value of

More information

The Saga Guide to Paying for Care

The Saga Guide to Paying for Care The Saga Guide to Paying for Care Welcome An active and secure retirement is something we like to think we re all entitled to and we find it hard to imagine a time beyond that, when we may need care from

More information

Your Guide to Equity Release

Your Guide to Equity Release Equity release has enabled me to go on more holidays, purchase a new car and make some major household purchases. The service provided met our financial needs in an efficient and helpful way. John, Sutton

More information

Your Guide to Equity Release

Your Guide to Equity Release Equity release has provided me with financial stability. I now have the opportunity to help my family, go on holiday, and make some home improvements. Mr W, East Sussex Your Guide to Equity Release Contents

More information

Equity Release Guide. Helping you make the right decision. nationwide service all lenders available personal visits. www.therightequityrelease.co.

Equity Release Guide. Helping you make the right decision. nationwide service all lenders available personal visits. www.therightequityrelease.co. Equity Release Guide 0800 612 5749 www.therightequityrelease.co.uk Helping you make the right decision nationwide service all lenders available personal visits 1 Welcome to The Right Equity Release Who

More information

Your guide to. Equity Release. with no obligation

Your guide to. Equity Release. with no obligation Your guide to Equity Release Expert advice with no obligation Your introduction to equity release Your retirement should give you the freedom to do all the things in life you haven t had time for. However,

More information

Helping your clients through retirement think house, think equity release

Helping your clients through retirement think house, think equity release For For financial intermediary use use only. only Not approved for use with customers. Helping your clients through retirement think house, think equity release Not qualified? Referrals - The Right Way

More information

Key Features. Pension Annuity. This brochure outlines the key features of the Just Retirement Pension Annuity. Contents

Key Features. Pension Annuity. This brochure outlines the key features of the Just Retirement Pension Annuity. Contents Pension Annuity Key Features This brochure outlines the key features of the Just Retirement Pension Annuity. The Financial Conduct Authority is a financial services regulator. It requires us, Just Retirement,

More information

Use your home to your advantage. A guide to equity release

Use your home to your advantage. A guide to equity release Use your home to your advantage A guide to equity release 2 A guide to equity release Introducing Retirement Advantage Previously known as MGM Advantage and Stonehaven, we are a wellestablished company

More information

North Lanarkshire Community Legal Service Debt Self Help Pack

North Lanarkshire Community Legal Service Debt Self Help Pack North Lanarkshire Community Legal Service Debt Self Help Pack March 2013 01236 757 329 Contents Introduction to North Lanarkshire Community Legal Service Page 3 How to use this Debt Pack Page 4 Step One:

More information

Protecting your assets. Simple steps to providing for your family and friends

Protecting your assets. Simple steps to providing for your family and friends Protecting your assets Simple steps to providing for your family and friends Contents 02 Inheritance tax 04 Do you know how much you re worth? 06 Reducing the effect of inheritance tax 09 Protecting your

More information

PAYING FOR CARE. Helping you to make the right choices PARTNERS IN MANAGING YOUR WEALTH 1

PAYING FOR CARE. Helping you to make the right choices PARTNERS IN MANAGING YOUR WEALTH 1 PAYING FOR CARE Helping you to make the right choices PARTNERS IN MANAGING YOUR WEALTH 1 Few of us will make major financial decisions without consulting an experienced and professionally qualified adviser.

More information

LEGAL & GENERAL HOME FINANCE. Guide to Lifetime Mortgages

LEGAL & GENERAL HOME FINANCE. Guide to Lifetime Mortgages LEGAL & GENERAL HOME FINANCE Guide to Lifetime Mortgages A lifetime mortgage could give you the freedom to really enjoy your retirement. We re delighted you re finding out more about lifetime mortgages.

More information

LEGAL & GENERAL HOME FINANCE. Guide to Lifetime Mortgages

LEGAL & GENERAL HOME FINANCE. Guide to Lifetime Mortgages LEGAL & GENERAL HOME FINANCE Guide to Lifetime Mortgages A lifetime mortgage could give you the freedom to really enjoy your retirement. We re delighted you re finding out more about lifetime mortgages.

More information

The benefits for different clients

The benefits for different clients For financial intermediaries only. Not approved for use with customers. Guaranteed Income for Life Solutions The benefits for different clients The pension reforms have prompted numerous discussions about

More information

This form is to be used to apply for Discretionary Housing Payments and Council Tax Discretionary Fund payments only

This form is to be used to apply for Discretionary Housing Payments and Council Tax Discretionary Fund payments only Benefit Service APPLICATION FOR HOUSING & COUNCIL TAX DISCRETIONARY PAYMENTS This form is to be used to apply for Discretionary Housing Payments and Council Tax Discretionary Fund payments only Discretionary

More information

WHAT IS EQUITY RELEASE? WHY CONSIDER EQUITY RELEASE?

WHAT IS EQUITY RELEASE? WHY CONSIDER EQUITY RELEASE? WHAT IS EQUITY RELEASE? Equity Release can free some of the capital tied up in your home, while you continue to live there. This money can be in the form of a tax-free lump sum, a regular income or a combination

More information

Discretionary Housing Payments

Discretionary Housing Payments Revenues and Benefits NIET ZONDER ARBYT Discretionary Housing Payments Do I qualify? www.scambs.gov.uk DHP1 June 2015 2 Discretionary Housing Payments A guide to Discretionary Housing Payments This leaflet

More information

A Guide to Equity Release in Retirement

A Guide to Equity Release in Retirement A Guide to Equity Release in Retirement 1. Introduction For the retirement you deserve 2. What is Equity Release? 3. Equity Release Plans The options available to you 4. The Application Process 5. Questions

More information

Retirement Mortgage Product summary

Retirement Mortgage Product summary Retirement Mortgage Product summary The Retirement Mortgage from Hodge Lifetime provides you with a flexible way to borrow money in retirement. A legal charge is secured on your home. AIMS The Retirement

More information

The Help to Buy: equity loan scheme What you need to know before you go ahead

The Help to Buy: equity loan scheme What you need to know before you go ahead Page 1 of 5 The Help to Buy: equity loan scheme What you need to know before you go ahead What is the Help to Buy: equity loan scheme? The Help to Buy: equity loan scheme is a Government backed programme

More information

Investing for income when you retire

Investing for income when you retire KEY GUIDE Investing for income when you retire Planning the longest holiday of your life There comes a time when you stop working for your money and put your money to work for you. For most people, that

More information

With new options available from April 2015, we can help you plan your finances for a worry-free retirement

With new options available from April 2015, we can help you plan your finances for a worry-free retirement Your retirement With new options available from April 2015, we can help you plan your finances for a worry-free retirement Life is full of financial decisions and planning your retirement is one of the

More information

Mortgage Concepts Associates. Innovative & Independent Mortgage Advice. Guide to Mortgage Services

Mortgage Concepts Associates. Innovative & Independent Mortgage Advice. Guide to Mortgage Services Mortgage Concepts Associates Innovative & Independent Mortgage Advice Guide to Mortgage Services Mortgage Concepts Associates offer independent and innovative solutions to all of your mortgage requirements.

More information

Your essential guide to equity release. from the UK s No. 1 specialist

Your essential guide to equity release. from the UK s No. 1 specialist Your essential guide to equity release from the UK s No. 1 specialist 03 03 04 05 06 07 08 09 10 15 Contents What is equity release? How could equity release help you? Why choose Key Retirement? Mr & Mrs

More information

Pension Annuity Application Form

Pension Annuity Application Form Pension Annuity Application Form Page 1 Pension Annuity Application Form About this Application Form This Form is an application for a pension annuity plan with Just Retirement. In return for your pension

More information

Everything you need to know about equity release.

Everything you need to know about equity release. Everything you need to know about equity release. An informative guide from the equity release specialists Welcome to the Retiredom guide to equity release. Equity release has come a long way since regulation

More information

Budgeting and debt advice handbook for residents

Budgeting and debt advice handbook for residents Budgeting and debt advice handbook for residents Step-by-step guide Contents Introduction...................... 3 Income maximisation List your income Can you increase your income? Income..........................

More information

Statement of Affairs. Your name: Your phone number: Appointment date*: Appointment time: Appointment venue: Approved Intermediary (AI):

Statement of Affairs. Your name: Your phone number: Appointment date*: Appointment time: Appointment venue: Approved Intermediary (AI): Statement of Affairs Your name: Your phone number: Appointment date*: Appointment time: Appointment venue: Approved Intermediary (AI): * Provisional only To be confirmed by AI CONTENTS Page What is the

More information

Financial Planning: Personal Guide & Checklist

Financial Planning: Personal Guide & Checklist Financial Planning: Personal Guide & Checklist Securities Priscilla Monteith, CPA, CGA, CFP Certified Financial Planner Monteith Financial Group Manulife Securities Incorporated Stephanie Piroli, BAccS,

More information

Equity Release Guide

Equity Release Guide A Refreshing Approach to Equity Release Equity Release Guide Are you thinking of Equity Release? Choose The Right Equity Release Nationwide Service All Lenders Available Personal Visits What is Equity

More information

Release your equity tied up in your home Equity Release

Release your equity tied up in your home Equity Release Golden Age Equity brochure 14/8/07 14:58 Page 1 Because it,s your life Totally independent professional advice: Release your equity tied up in your home Equity Release Retirement planning Financial planning

More information

Our Home Reversion Plan. Enjoy your retirement by unlocking the value of your home

Our Home Reversion Plan. Enjoy your retirement by unlocking the value of your home Our Home Reversion Plan Enjoy your retirement by unlocking the value of your home I can now have the garden I ve always wanted. 1 Bridgewater Equity Release Limited the Home Reversion Plan experts Bridgewater

More information

Your essential guide to equity release. from the UK s No. 1 specialist

Your essential guide to equity release. from the UK s No. 1 specialist Your essential guide to equity release from the UK s No. 1 specialist What is equity release? 03 03 04 05 06 07 08 09 10 15 Contents What is equity release? How could equity release help you? Why choose

More information

KEY GUIDE. Investing for income when you retire

KEY GUIDE. Investing for income when you retire KEY GUIDE Investing for income when you retire Planning the longest holiday of your life There comes a time when you stop working for your money and put your money to work for you. For most people, that

More information

Bromsgrove District Council Discretionary Housing Payments

Bromsgrove District Council Discretionary Housing Payments Name: Address Benefit Reference no: Post Code: Depending on certain conditions, we can make extra payments if you are not currently receiving full Housing Benefit or Council Tax Benefit and we feel you

More information

Equity Release. A guide to our Lifetime Mortgage products

Equity Release. A guide to our Lifetime Mortgage products Equity Release A guide to our Lifetime Mortgage products Introducing Retirement Advantage Previously known as MGM Advantage and Stonehaven, we are a well-established company that can trace its roots back

More information

A claim form for Discretionary Housing Payment

A claim form for Discretionary Housing Payment Revised March 2013 Revenues & Benefits Service Hackney Service Centre, 1 Hillman Street, London E8 1DY Phone enquiries: 020 8356 3399 Fax: 020 8356 3655 Textphone: 020 8356 3725 Counter enquiries: Monday

More information

EQUITY RELEASE GUIDE. Everything you need to know about equity release.

EQUITY RELEASE GUIDE. Everything you need to know about equity release. EQUITY RELEASE GUIDE Everything you need to know about equity release. An informative guide from the equity release specialists The informative guide to equity release... Equity release has come a long

More information

Exceptional Hardship Payments

Exceptional Hardship Payments Revenues and Benefits Civic Centre The Water Gardens For Official Use Only Harlow, Essex, CM20 1WG Council Tax ref: Date Issued: Date Received: Telephone: 01279 446688 E-mail: council.tax@harlow.gov.uk

More information

Crown Equity Release Plan Application Form

Crown Equity Release Plan Application Form Crown Equity Release Plan Application Form Please answer all questions fully in BLOCK CAPITALS in black/blue ink. If the property is owned jointly, for example with your Spouse or Partner, the application

More information

CAVENDISH EQUITY RELEASE. The Essential Guide. Equity Release TRUSTED & IMPARTIAL ADVICE SINCE 1985

CAVENDISH EQUITY RELEASE. The Essential Guide. Equity Release TRUSTED & IMPARTIAL ADVICE SINCE 1985 CAVENDISH Equity Release TRUSTED & IMPARTIAL ADVICE SINCE 1985 EQUITY RELEASE The Essential Guide INDEX Welcome to Cavendish Equity Release 3 How can Equity Release be used? 4 Why is specialist advice

More information

Completing the Personal Budget: Guidelines & Explanation

Completing the Personal Budget: Guidelines & Explanation Preparing a Weekly or Monthly Budget These blank Budget forms are for your own personal use. They are designed to help you calculate the monthly expenditure costs of most items in your budget. You will

More information

For customers Friends Life Protect+ Income Protection Cover. Income Protection Cover. It s income protection. And more.

For customers Friends Life Protect+ Income Protection Cover. Income Protection Cover. It s income protection. And more. For customers Friends Life Protect+ Income Protection Cover Income Protection Cover It s income protection. And more. It s income protection. And... 2 it addresses a vital need it provides a regular income

More information

For customers. Friends Life Protect+ Income Protection Cover. Income Protection Cover. It s income protection. And more.

For customers. Friends Life Protect+ Income Protection Cover. Income Protection Cover. It s income protection. And more. For customers Friends Life Protect+ Income Protection Cover Income Protection Cover It s income protection. And more. It s income protection. And... 2 it addresses a vital need it provides a regular income

More information

Five Steps to help manage your money

Five Steps to help manage your money Five Steps to help manage your money Here are fives steps to help you manage your money. Although there are a lot of budgeting tools out there, here is a simple breakdown of tracking where your money is

More information

Application form for a Discretionary Housing Payment

Application form for a Discretionary Housing Payment Application form for a Discretionary Housing Payment The Council has a fund to provide extra financial help to people who get Housing Benefit, but are having trouble meeting housing costs. These payments

More information

ENHANCED LIFETIME MORTGAGE PRODUCT BROCHURE

ENHANCED LIFETIME MORTGAGE PRODUCT BROCHURE seeing retirement differently seeing retirement differently ENHANCED LIFETIME MORTGAGE CELEBRATING CELEBRATING YEARS sin ce 1 9 9 5 YEARS sin ce 1 9 9 5 WHAT IS THE PURPOSE OF THIS DOCUMENT? This document

More information

Debt. Essentials. We can t tell you everything in these few pages but it should help you see that there are options.

Debt. Essentials. We can t tell you everything in these few pages but it should help you see that there are options. Debt Essentials If you are in debt here is some vital information to help you get back in control. Debts may not go away quickly but you can manage them and reduce the stress it may be causing. We can

More information

KEY MORTGAGE INFORMATION & EXPLANATIONS

KEY MORTGAGE INFORMATION & EXPLANATIONS KEY MORTGAGE INFORMATION & EXPLANATIONS THE SOCIETY Within this document reference to we us and our refers to the Society, full details of which are: Tipton & Coseley Building Society, 70 Owen Street,

More information

Roll-up Lifetime Mortgage Lump Sum Plus Lifetime Mortgage

Roll-up Lifetime Mortgage Lump Sum Plus Lifetime Mortgage Lifetime Mortgages Roll-up Lifetime Mortgage Lump Sum Plus Lifetime Mortgage Using the value in your home for a better retirement Just Retirement s Lifetime Mortgages Who are we? Just Retirement Limited

More information

POSITIVE SOLUTIONS PERSONAL MANUAL FACTIND

POSITIVE SOLUTIONS PERSONAL MANUAL FACTIND POSITIVE SOLUTIONS PERSONAL MANUAL FACTIND PERSONAL DETAILS Client/s: Adviser: Produced on: Initial Disclosure Pack: Y/N Date ID Pack Provided: Home Visit: Y/N Date of Home Visit: Financial Services Act

More information

exploring the options

exploring the options Information caveat The content of this presentation is provided for illustrative purposes only and is not intended to be used for individual investment or financial planning and does not constitute personal

More information

Certificate in Regulated Equity Release

Certificate in Regulated Equity Release Unit 1: Fundamentals of Equity Release Certificate in Regulated Equity Release Attainment Level knowledge of: K1 Definition of a Home Reversion (HR) plan & alternative methods of equity release/capital

More information

ReverseMortgages.com, Inc. A Guide to Reverse Mortgages

ReverseMortgages.com, Inc. A Guide to Reverse Mortgages ReverseMortgages.com, Inc. A Guide to Reverse Mortgages Table of of Contents Introduction Our Commitment to You Is a Reverse Mortgage Right for You? Getting Your Reverse Mortgage: Questions & Answers How

More information

Bridgewater Equity Release

Bridgewater Equity Release Bridgewater Equity Release Home Reversion Plan Application Form Intermediary Checklist An incomplete form may delay the processing of this application. To help assist us, please check: 1. The Intermediary

More information

APPLICATION FOR FINANCIAL ASSISTANCE

APPLICATION FOR FINANCIAL ASSISTANCE APPLICATION FOR FINANCIAL ASSISTANCE BEFORE COMPLETING THE APPLICATION FORM, PLEASE CAREFULLY READ THE NOTES BELOW. When you have completed the application form, you should detach these notes and keep

More information

Helping you to manage your money

Helping you to manage your money Helping you to manage your money 2 Contents Section 1: Managing your money 1 Budgeting made easy Section 2: Borrowing sensibly 7 Managing your credit cards Managing your overdraft Managing your loans Section

More information

largeequityrelease.com EQUITY RELEASE GUIDE Speak to one of our specialists today on 020 3824 0904

largeequityrelease.com EQUITY RELEASE GUIDE Speak to one of our specialists today on 020 3824 0904 largeequityrelease.com EQUITY RELEASE GUIDE Speak to one of our specialists today on 020 3824 0904 CONTENTS What is equity release?... 3 How much money could I raise through an equity release?... 4 What

More information

The Saga Guide to Paying for Care

The Saga Guide to Paying for Care The Saga Guide to Paying for Care Welcome An active and secure retirement is something we like to think we re all entitled to and we find it hard to imagine a time beyond that, when we may need care from

More information

Paying for Care Equity Release Annuities & Investments

Paying for Care Equity Release Annuities & Investments FirstStop Paying for Care Equity Release Annuities & Investments Changes in personal, housing or care needs in later life can make unprecedented demands on the finances of older people. What may once have

More information

Application for a first-time buyer home loan (variable rate)

Application for a first-time buyer home loan (variable rate) Application for a first-time buyer home loan (variable rate) Please read this information before you fill in the application form. You must accurately fill in and hand in your loan application within one

More information

UNDERSTANDING YOUR FUTURE CREATE A PICTURE OF YOUR RETIREMENT

UNDERSTANDING YOUR FUTURE CREATE A PICTURE OF YOUR RETIREMENT UNDERSTANDING YOUR FUTURE CREATE A PICTURE OF YOUR RETIREMENT CONTENTS My Future 2 Your Family 2 Your Property 3 Your Assets 3 Your Future Summary 4 Your Retirement 4 Your Future Income 5 Details & Events

More information

provisio chartered financial planners

provisio chartered financial planners T O T A L W E A L T H M A N A G E M E N T provisio chartered financial planners Financial Planning: an introduction Navigating through life s changes T O T A L W E A L T H M A N A G E M E N T provisio.co.uk

More information

Helping your loved ones. Simple steps to providing for your family and friends

Helping your loved ones. Simple steps to providing for your family and friends Helping your loved ones Simple steps to providing for your family and friends Contents 01 How can I take control of who gets what? 02 Inheritance Tax 04 Do you know how much you re worth? 06 Making lifetime

More information

Just Mortgages Limited 110 Amiens Street, Dublin 1 t:/ f:/

Just Mortgages Limited 110 Amiens Street, Dublin 1 t:/ f:/ Just Mortgages Limited 110 Amiens Street, Dublin 1 t:/ 01-2051750 f:/ 01-205175 Email: info@justfinance.ie RESIDENTIAL INVESTMENT PROPERT Y Residential investment property is a tax-efficient and The Irish

More information

budgeting Budgeting Money planning to meet your financial goals Inside... What is a budget? Making a budget Getting help

budgeting Budgeting Money planning to meet your financial goals Inside... What is a budget? Making a budget Getting help budgeting Budgeting Money planning to meet your financial goals Inside... What is a budget? Making a budget Getting help What is a budget? A budget is a plan for the money you expect to receive and how

More information

Monthly Income Worksheet

Monthly Income Worksheet Monthly Income Worksheet Figure Your Monthly Income Your weekly pay X 52 12 or Your twice-a-month pay X 2 Your Monthly Take-home Pay Figure Household Members Monthly Income Weekly pay X 52 12 or Twice-a-month

More information

SIGNIFICANT FINANCIAL HARDSHIP - KIWISAVER

SIGNIFICANT FINANCIAL HARDSHIP - KIWISAVER SIGNIFICANT FINANCIAL HARDSHIP - KIWISAVER A significant financial hardship (hardship) withdrawal can help during times of financial difficulty; however the purpose of your KiwiSaver savings is for your

More information

Key Features of the Flexible Retirement Income Plan

Key Features of the Flexible Retirement Income Plan Key Features of the Flexible Retirement Income Plan The Financial Conduct Authority is a financial services regulator. It requires us, Friends Life Limited, to give you this important information to help

More information

EDf EnErGY trust. APPLiCAtion for financial ASSiStAnCE WHO CAN APPLY FOR A GRANT? HOW CAN THE TRUST HELP?

EDf EnErGY trust. APPLiCAtion for financial ASSiStAnCE WHO CAN APPLY FOR A GRANT? HOW CAN THE TRUST HELP? EDf EnErGY trust APPLiCAtion for financial ASSiStAnCE BEforE CoMPLEtinG the APPLiCAtion form, PLEASE CArEfULLY read the notes BELoW. When you have completed the application form, you should detach these

More information

A personal approach to financial planning. Welcome to Towry. www.towry.com

A personal approach to financial planning. Welcome to Towry. www.towry.com A personal approach to financial planning Welcome to Towry www.towry.com I have been advised by Towry for approximately six years and have been delighted by the highly personalised service they provide.

More information

THE RESPONSIBLE EQUITY RELEASE GUIDE. Everything you need to know about equity release.

THE RESPONSIBLE EQUITY RELEASE GUIDE. Everything you need to know about equity release. THE RESPONSIBLE EQUITY RELEASE GUIDE Everything you need to know about. An informative guide from the specialists Welcome to the Responsible guide to. Equity release has come a long way since regulation

More information

Equity release. Money matters. Deciding whether equity release is right for you. AgeUKIL6

Equity release. Money matters. Deciding whether equity release is right for you. AgeUKIL6 Equity release Deciding whether equity release is right for you Money matters AgeUKIL6 Information and advice you need to help you love later life. We re Age UK and our goal is to enable older people across

More information

Paying for residential and nursing home care if you own property

Paying for residential and nursing home care if you own property M ay 20 15 Paying for residential and nursing home care if you own property If you need help understanding this leaflet, an interpreting service is available. Please phone Stockport Interpreting Unit on

More information

Financial planning. We ll help you with your financial life planning. www.zugerkb.ch

Financial planning. We ll help you with your financial life planning. www.zugerkb.ch Financial planning We ll help you with your financial life planning. www.zugerkb.ch Financial planning is life planning We are delighted to provide you with expert support Whatever your future plans, appropriate

More information

Key Features. Pension Annuity. This brochure outlines the key features of the Just Retirement Pension Annuity. Contents

Key Features. Pension Annuity. This brochure outlines the key features of the Just Retirement Pension Annuity. Contents Pension Annuity Key Features This brochure outlines the key features of the Just Retirement Pension Annuity. The Financial Conduct Authority is a financial services regulator. It requires us, Just Retirement,

More information

Financial Needs Analysis Questionnaire. Client name: Name of spouse: Advisor: Date: A-NOV13

Financial Needs Analysis Questionnaire. Client name: Name of spouse: Advisor: Date: A-NOV13 Financial Needs Analysis Questionnaire name: Name of spouse: Advisor: Date: 5143-00A-NOV13 Part 1 Goals 1. Which personal objectives are the most important to you? 2. What should a life insurance program

More information

Key Features. Pension Annuity. This brochure outlines the key features of the Just Retirement Pension Annuity. Contents

Key Features. Pension Annuity. This brochure outlines the key features of the Just Retirement Pension Annuity. Contents Pension Annuity Key Features This brochure outlines the key features of the Just Retirement Pension Annuity. The Financial Conduct Authority is a financial services regulator. It requires us, Just Retirement,

More information

A simple guide to getting more from your future with. Aviva Equity Release. Best Equity Release Lender

A simple guide to getting more from your future with. Aviva Equity Release. Best Equity Release Lender A simple guide to getting more from your future with Aviva Equity Release Best Equity Release Lender J4602_PF011120_1015.indd 1 09/10/15 8:06 pm Contents An introduction to Aviva Equity Release What is

More information

We have over 20 years experience of helping people just like you. We are the only small business debt advice charity operating in the UK.

We have over 20 years experience of helping people just like you. We are the only small business debt advice charity operating in the UK. Freephone 0800 197 6026 www.businessdebtline.org Debt relief orders (DROs) What this fact sheet covers This fact sheet tells you when a debt relief order may be a good option for you to deal with your

More information

18 Application for Write off/exemption

18 Application for Write off/exemption 05/15 form 18 Application for Write off/exemption Client or Legal aid number Notes This form is to help you ask for a write-off of legal aid debt, or for an exemption from a charge over property that is

More information

Application for Discretionary Housing Payment/Council Tax Discretionary Relief

Application for Discretionary Housing Payment/Council Tax Discretionary Relief Application for Discretionary Housing Payment/Council Tax Discretionary Relief Name & Address: Date of Issue: Council Tax Account Number: Email Address and Contact Number: Housing Benefit Claim Reference:

More information

Maximize retirement income to help ensure it lasts

Maximize retirement income to help ensure it lasts Maximize retirement income to help ensure it lasts COMPLIMENTS OF: Ray Bukovy CFP CPCA Bukovy Financial Services Ltd. 400-905 Tungsten St. info@bfinancial.com 807-684-1820 PRODUCT ALLOCATION FROM MANULIFE

More information

For advisers only Friends Life Protect+ Income Protection. Income Protection cover. It s income protection. And more.

For advisers only Friends Life Protect+ Income Protection. Income Protection cover. It s income protection. And more. For advisers only Friends Life Protect+ Income Protection Income Protection cover It s income protection. And more. It s income protection. And... 2 it addresses a vital need it provides a regular income

More information

DEFERRED PAYMENT AGREEMENT. Information Pack for our service users and their families or representatives

DEFERRED PAYMENT AGREEMENT. Information Pack for our service users and their families or representatives 12 WEEK PROPERTY DISREGARD PERIOD AND THE DEFERRED PAYMENT AGREEMENT Information Pack for our service users and their families or representatives What is the 12 week Property Disregard Period? The Council

More information

Intermediary Guide to Lending Criteria

Intermediary Guide to Lending Criteria Intermediary Guide to Lending Criteria This Guide is for Owner Occupied Mortgages Only FOR INTERMEDIARY USE ONLY February 2016 version 3.0 re: Lending Policy version 4.0 CONTENTS INTRODUCTION PURPOSE OF

More information

Choosing a care home and paying for your accommodation and care

Choosing a care home and paying for your accommodation and care ADULT SOCIAL CARE Adult Residential or Nursing Care Choosing a care home and paying for your accommodation and care Guidance for Service Users April 2015 The contents of this booklet apply only to placements

More information

Want. to make. your. home. your. own? Find out if this could be the right time to consider buying. Your Right to Buy

Want. to make. your. home. your. own? Find out if this could be the right time to consider buying. Your Right to Buy Council or Housing Association tenants Want Your Right to Buy to make your home your own? Find out if this could be the right time to consider buying 1 Contents Why you might like to buy Why you might

More information

Local Housing Allowance Money advice and bank accounts

Local Housing Allowance Money advice and bank accounts Local Housing Allowance Money advice and bank accounts Local Housing Allowance and Bank s Under Local Housing Allowance your housing benefit entitlement cannot be paid to your landlord unless you are considered

More information

UPDATED. XyxxYy. Benefit Changes. The Government is cutting benefits. 1 in 7 people will be affected. Are you prepared?

UPDATED. XyxxYy. Benefit Changes. The Government is cutting benefits. 1 in 7 people will be affected. Are you prepared? UPDATED Benefit Changes XyxxYy The Government is cutting benefits. 1 in 7 people will be affected. Are you prepared? 1 XyxxYy ARE YOU PREPARED FOR UNIVERSAL CREDIT? Most people in Sheffield who currently

More information

Mortgage & Equity Release Guide

Mortgage & Equity Release Guide Edward Wilson Financial Services OVERVIEW Experience We have been advising clients since 1994, and have a wealth of experience for which there is no substitute. As an appointed representative of the Sesame

More information

Are you or your parents thinking about taking out an Equity Release product?

Are you or your parents thinking about taking out an Equity Release product? Equity Release Are you or your parents thinking about taking out an Equity Release product? Why take out an equity release plan? So what is an Equity Release plan? Who can take out an Equity Release Scheme?

More information

Take control of your money

Take control of your money Take control of your money A resource to help you learn about budgeting. Information given is of a general nature only and does not constitute personalised financial advice. While BNZ has made every effort

More information

SHEDDING LIGHT ON LIFE INSURANCE

SHEDDING LIGHT ON LIFE INSURANCE SHEDDING LIGHT ON LIFE INSURANCE A practical guide LEARN MORE ABOUT Safeguarding your loved ones Protecting your future Ensuring your dreams live on Life s brighter under the sun About this guide We ve

More information

TAX FACTS 2016/2017. Tax is complicated, so you need the facts

TAX FACTS 2016/2017. Tax is complicated, so you need the facts TAX FACTS 2016/2017 Tax is complicated, so you need the facts INCOME TAX RATES 2015/16 Band 2016/17 Band Basic rate: 20% 0 31,785 Basic rate: 20% 0 32,000 Higher rate: 40% Additional rate: 45% 31,786 150,000

More information