Equity Release

Equity Release – Covering the Cost of Care

Meeting the cost of care in later life is a growing issue for many of us. As life expectancy continues to grow, most of us can expect to need some sort of care at some point in our later years.

Live-In Care is a popular option as it enables a person to receive care in the comfort of their own home – but what happens if you don’t have the funds available to afford it? There is an option which might enable you to use the value of your house to pay for your, or your loved one’s, care fees – without having to move house or downsize.

As part of our commitment to providing the best service to people who come to Helping Hands for help and advice regarding care, we have teamed up with Key Retirement Solutions, the UK's leading independent equity release specialists. They offer a first class advice service to anyone considering using the cash from their home to pay for Live-In Care.

If you're a homeowner aged 55–95 and looking to your house as a means to fund care at home, Key can arrange a FREE no-obligation initial consultation for you with one of their independent specialist advisers.

This appointment can take place in your home with family and friends present to ask any questions they might have about the process. Your adviser will be able to explain how equity release schemes work, how much you could release from your home, plus all the pros and cons of each plan including information on how equity release may affect your entitlement to state benefits and will reduce the value of your estate.

Remember, there is never any pressure to proceed; the free initial consultation is simply an opportunity to learn more about how equity release can be used to pay your or your loved one’s care fees. Plus, if your adviser doesn't think equity release is the best option for you right now – they'll tell you!

To arrange your initial consultation or to request a FREE guide to equity release call Key's UK-based team today on free phone: 0800 915 4731

Release cash from your home for a more comfortable life
You can spend the tax-free cash released through an equity release plan in any way you choose, including paying for care. There are typically no monthly repayments and you have the peace of mind that you can stay in your home for life.

How much can you release?
How much you can release depends on a number of factors such as your age, health, lifestyle, the kind of equity release plan you choose and how much your home is worth.

Get a FREE instant quote of how much you could release with our equity release calculator.

This is an equity release plan. To understand the features and risks, ask for a personalised illustration.

Benefit from specialist independent advice

An equity release plan is an important financial commitment – and with many different providers and plans to choose from, it is important to seek independent, impartial advice.

If you want to know a bit more about equity release and how it could help you to pay for Live-In Care, why not take advantage of a FREE, no-obligation initial consultation with the UK's number one award-winning independent equity release specialists, Key Retirement Solutions?

Your personal adviser will:

•  Tell you how much cash you could release.
•  Explain the equity release process to you.
•  Explain the pros and cons of the different types of plan.
•  Tell you if it's not right for you and suggest alternative options.

After taking the time to get to know you and your wishes, your adviser will then search the whole equity release market to find the best solution for you.

Key recommend plans approved by Safe Home Income Plans (SHIP), which guarantee you will never fall into negative equity, can stay in your home for life and can move home if you wish (subject to criteria). Key often have access to exclusive offers from leading plan providers such as Aviva and More2Life that you will not get anywhere else; these offers could help you to save your estate thousands of pounds in the future.

What our customers say…

"I've lived in my home for 46 years and did not want to move. My arthritis means I need carers to come out and help me which is expensive. I wasn't entitled to any government support so needed to find the money myself.

My local adviser from Key was fantastic. She visited me in my home on a couple of occasions to discuss the plans in great detail, explaining everything so clearly. She made me feel so at ease and was always at the end of the phone when I had any questions. I never felt pressured and was given time to think about my options. I couldn't believe how quickly and smoothly everything went, I had my money in no time." Mrs Baker, Gloucestershire

To arrange your initial consultation or to request a FREE guide to equity release call Key's UK-based team today on free phone: 0800 915 4731

What will it cost me?

Key charge a fee for finding the right equity release plan for you. This fee is typically 1.65% of the amount released; money well spent when you consider the considerable savings that can be made by finding the right plan for you.

What's more this fee is only payable upon completion of an equity release plan and can be paid out of the amount advanced.

Take your first step to financial freedom. To arrange your initial consultation or to request a FREE guide to equity release call Key's UK-based team today on free phone: 0800 915 4731

Representatives of Helping Hands are not authorised by Helping Hands to give advice or a personal recommendation in respect of equity release.

Helping Hands act as introducers only to Key Retirement Solutions.