The REAL facts about Equity Release
Article date: 17.01.11
The Wealth Care Partnership is concerned that whilst the increased range of New Generation Equity Release schemes provides greater choice to the consumer, it also creates a need for unbiased advice. All UK Equity Release products are now regulated by the Financial Services Authority yet only a limited number of Financial Specialists are qualified to advise in this area. The Wealth Care Partnership now provides advice and guidance in the use of Equity Release mortgages to ensure a channel of unbiased advice in this area of financial planning.
Whether seeking to raise capital to help with your day to day budgeting, helping your family or to fund care fees, the choice of product and provider will influence the ultimate efficiency and cost to you, the variations in fees and charging structures means the wrong decision can cost you, or your beneficiaries, very dearly indeed.
To see if equity release is suitable for your needs contact us on 0800 652 8232.