We caught up with Keith to discuss his equity release experience......
Why did you consider equity release?
I needed some home improvements which I could not do without equity release.
What challenges or goals did you have before using our service?
This was the only way I could complete the works I needed doing in my house.
How did you hear about Retirement Solutions, and why did you choose us?
Retirement Solutions was recommended by a friend who had used your service too.
How was your experience with our equity release service?
The whole journey was very good, and the adviser gave me confidence throughout.
Was there anything particularly helpful about our service?
The best thing was that I found the adviser, Paul Oldrieve, very professional throughout.
Did you encounter any problems during the process?
I had no problems throughout my journey.
How has equity release improved your life?
I now live comfortably as all my home improvements, which were needed, have been completed to a high standard. My home is now in much better condition.
What makes our service stand out?
The adviser, Paul Oldrieve.
Would you recommend Retirement Solutions to others?
I would definitely recommend you, as you are very professional.
Things to Consider Before Choosing Equity Release
Equity release can be a great way to access extra funds in retirement, but it’s important to understand the potential downsides. Taking out a lifetime mortgage will reduce the value of your estate, meaning there may be less to leave to your loved ones. Interest on the loan builds up over time, which can make borrowing more expensive in the long run unless you choose to make repayments. In some cases, other financial options—such as downsizing, using savings, or exploring alternative loans—might be more suitable. That’s why it’s essential to seek advice from a qualified equity release broker who is a member of the Equity Release Council (ERC). This ensures you receive regulated advice and benefit from important protections, such as a no negative equity guarantee. Before making any decisions, always compare your options and discuss them with a financial professional.
