Money Matters
Want to get more from your retirement?
We’d all like to make the most of our retirement. However, with the cost of living continuing to increase, you may find that what was a comfortable income is simply no longer enough.
Fortunately, there is a way that you can cover your needs and
enjoy the retirement you are looking for. If you own your own home, you can release some of the money tied up in the property without having to move. It’s called an equity release plan.
An equity release plan, would give you the opportunity to
convert some of your home’s value into a lump sum or regular income, without having to sell up and move house.
What can equity release be used for
Equity release is a way of increasing your retirement income and can be used to help you: z Repay debts and reduce your monthly outgoings z Clear your mortgage if you don’t have a repayment strategy z Take a well-earned holiday z Boost your income to help cover the effect of inflation on your cost of living
z Improve your home z Help your family
Equity release is not the only way you can raise money and other options may be more suitable for you, so the right advice is important. We can help you assess your current needs and circumstances, and work out whether equity release is a suitable and viable option for you.
A more comfortable retirement could be a phone call away
Call today to see how we can help find the best retirement in- come for you. We offer a free appointment without obligation and do not charge a fee unless you proceed with an application. However, there will be a fee of £600 for advice and arranging an equity release plan should you decide to proceed.
Invicta IFA has been providing financial advice to the general public for over 16 years and offer whole of market advice on all types of mortgage products. Our qualified and experienced advisers will guide you through the options and identify the products most suited to your requirements. If appropriate, we will recommend the right equity release scheme and provide a personal illustration to let you know how much money you could raise and what it would cost. If you are in receipt of any state benefits we can also let you know whether they will be affected.
Equity release may involve a lifetime mortgage or a home
reversion plan and may not be right for everyone. It may affect your entitlement to state benefits and will reduce the value of your estate. Think carefully before securing other debts against your home.
Supplied by Invicta IFA
Have you reviewed your finances recently?
Invicta Independent Financial Advisers can help with all your financial planning enquiries. We are a local business offering a friendly but professional service to individuals and small businesses. Our specialist areas include:-
• Mortgages • First Buy/Shared Ownership
• Income Protection
• Life Assurance • Business Assurance • Pensions & Retirement Planning
• Annuities • Savings & Investments • Trusts & Inheritance Tax Planning
Telephone: 01622 662636 Email:
enquiries@invictaifa.co.uk www.invictaifa.co.uk
Address: Invicta IFA, 1st Floor Falcon Court, 73 College Road, Maidstone, Kent, ME15 6TF
• Equity Release
Registered Office: The Granary, Hermitage Court, Hermitage Lane, Maidstone, Kent, ME16 9NT. Registered in England No. 3330755. Invicta IFA Limited is authorised and regulated by the Financial Services Authority.
The Financial Services Authority does not regulate taxation and trust advice. There may be a fee for mortgage advice, the precise amount of the fee will depend upon your circumstances but we estimate that it will be £395. Your home may be repossessed if you do not keep up repayments on your mortgage.
To understand the features and risk of an Equity Release plan please ask for a personalised illustration.
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