Nigel Hare Scott goes through the issues clients need to be made aware of when considering equity release
A Home Truth can be defined as ‘An important truth that is unpleasant to acknowledge.’ Regrettably but similarly, the decision to enter into an equity release plan is often perceived as a necessary evil about which it is preferable to keep quiet. The main reason why there is still such trepidation concerning equity release is attributable principally to a lack of understanding of the subject by most clients. There is of course no logic for them to be anxious about using their home to improve their retirement lifestyles. Indeed, many of them will have made use of the equity in their homes...
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