Why An Equity Release Advisor Should Be Used

There are several reasons using an equity release advisor will be beneficial to a homeowner. Before choosing an equity release plan or provider, you should always seek advice from an equity release advisor.

As members of the Equity Release Council, Essex Equity Release have a trusted team available whenever you require advice. Our equity release advisors will always give you the detailed information needed regarding equity plans.

Unbiased Advice

The first reason to use equity release advisors is to ensure the advice and recommendations you receive are completely unbiased. When releasing equity, this is all about finding the best plan for your specific needs.  When selecting a plan directly through a provider, you could be putting yourself at risk of choosing a plan that is more suited to your provider than to you.

With advice from equity release advisors, this should never be a problem. Advisors will make sure that the final plan you decide on is suitable for your exact specifications. By talking to you in great detail, this gives you the opportunity to discuss what options and criteria are most important to you, finding a plan that matches these requirements.

Finding Equity Release Council Members

Using advisors and equity plans who are members and approved by the Equity Release Council will give you several guarantees to provide safety within your equity plan. The Equity Release Council was launched in 1991 and since then, it has made equity a much more reliable and mainstream product. By using dependable members, this should give you complete peace of mind over the plans you choose.

Being members of the Equity Release Council will ensure your plan holds a No Negative Equity Guarantee. This can be one of the biggest features for all homeowners looking to release equity. This means you never owe more than what your home is sold for. Therefore, no debt will be inherited by your family and other beneficiaries. You will also not have to make monthly repayments, although this is an option if it suits you better.

Identifying Other Options

Although equity release advisors help you find the best equity plan, it may not always be the best option. Furthermore, having a consultation with an equity release advisor could open up the possibility of different options you are yet to consider.

Although equity release can be a great option for many homeowners, there are several avenues you could explore and it is important to do this before selecting a plan. With a selection of equity plans available, there are many different specifications that can be found and tailored to you. Despite this, if none of the plans meet your exact expectations, equity release advisors can help you identify other options.

Local & Helpful Advice

By using local equity release advisors, this means you can also involve any family or friends who may be affected or involved by equity release to also receive our consultation. In addition to you and your partner, any family and friends can also help you select a plan that you think is best for your needs.

We can organise a suitable consultation within one of our local offices or provide a home visit. This process is made as easy as possible for you. Once this has been organised, we make sure our advice is helpful so you can make an informed decision on your plans.

Contact Us

If you would like to organise a consultation regarding equity release, contact our team today. Essex Equity Release will always provide a fast response. Advice is available at a suitable time for your needs and the location of your choice. Make an enquiry and call 01268 799211 or fill in our contact form today.