Enjoy a More Comfortable Retirement with the Help of Oracle’s Independent Retirement Planners
If you’re aged 60 or over and own your own home, you can release money from your home through an Equity Release Services lifetime mortgage.
For those of you who own a home but don’t actually have much cash lying around, an Equity Release Services lifetime mortgage as part of your retirement plan means you can live a more comfortable retirement and have the freedom to enjoy life.
As independent financial advisers, Oracle’s London-based retirement planners are in the best position to help you plan a comfortable retirement
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What’s the Catch?
Equity Release Services is generally a very safe way to get more spending money, with few drawbacks.
There are no mortgage repayments to make, and there are no restrictions on what you can spend the cash on.
As independent retirement planners, Oracle’s financial consultants will make sure you understand any equity release deal you sign.
Choosing the Right Type of Equity Release Services
There are two main types of equity release schemes.
We’ll introduce you to an authorised and regulated Financial Advisor who can help you choose the scheme that’s right for you, but for your reference the options are:
Lifetime Mortgages (LTMs)
A mortgage is taken out but instead of making repayments the interest on the amount borrowed is “rolled up” on a compound basis and added to the outstanding loan.
When the property is eventually sold, the total amount owed, including the interest, is repaid with you or your estate receiving the remainder of the sale proceeds.
Home Reversion Plans
A specialist company will buy all or part of your property at a discount to its market value in exchange for a tax-free cash lump sum (or series of payments).
You and your spouse will be allowed to live in the property rent-free for life.
At the end of the plan, you or your estate will be entitled to a proportion of the net sale proceeds equivalent to the share in the property which has not previously been sold.
As chartered financial advisers and retirement planners, Oracle will make sure you understand any equity release deal you make.
Get in Touch
Call us on 020 7112 8842 or email email@example.com.
We’ll introduce you to an expert Financial Advisor who will guide you through all your options based on things such as how much money you need, your attitude to risk, the value of your property, your age and health, etc.
Equity release will only be part of your retirement plan. As financial advisers and retirement planners, Oracle can advise you in all financial areas of retirement. We aim to make equity release as simple and easy to understand as possible.
As Independent Financial Advisers, we’re regulated by the FCA
As chartered financial planners, Oracle Consultants Limited is authorised and regulated by the Financial Conduct Authority for pure protection, residential mortgages and general insurance business. You can check this on the FCA’s Register by visiting the FCA’s website www.fca.org.uk.
Oracle Consultants is regulated by FCA, commercial mortgages and most buy-to-let and offshore mortgages are not regulated by the FCA.