As people retire or move towards retirement, ever increasing numbers are facing the dilemma of being asset rich but cash poor. They may live in a property with substantial value, but don’t have the income to enjoy the standard of living they expected.
Are you one of them? And what do you do if you don’t wish to move house, but want to raise capital to supplement your income?
Equity release is an option that many are considering but it is essential to ensure that you receive the best professional advice from your financial advisor at the outset to your professional lawyer at the end of the process.