There are many alternatives to Equity Release, which I always explore with clients. These include: Selling assets, remortgaging, asking for help from family and friends, grants, moving to a cheaper home, state benefits, renting a room, budgeting, changing employment, or simply doing nothing.
Explore alternatives to equity release in this video, or read our article at https://www.moneyrelease.co.uk/Altern...
Video contents:
00:00 - Intro
00:22 - Sell assets
00:59 - Remortgage
01:41 - Family & Friends
02:19 - Grants
02:46 - Moving home
03:23 - State benefits
03:43 - Rent out a room
04:01 - Budgeting
04:59 - Change employment
05:24 - Do nothing
05:47 - Outro
While Andy is a qualified advisor, this video is not intended to be used as financial advice and should not be relied upon.
To understand the full features and risks of an Equity Release plan, ask for a personalised illustration.
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