There are two main types of equity release plans available: lifetime mortgages and home reversion plans. Within each plan type there are a number of different products available from a number of different providers. Verity Wealth Management can help you to access to a range of carefully selected products, specially selected to meet a range of customer needs. It also gives you access to expert advice to help you choose the right plan for you.
It is important to remember that these plans can involve potential risks and you should understand these before making any decision about equity release. If you choose to discuss your requirements with us we will ensure that you are fully aware of these potential risks and guide you through the decision making process.
If equity release is not suitable for your circumstances, we will let you know.
Please be aware that equity release may affect your entitlement to state benefits and will reduce the value of your estate. Verity Wealth Management can help you understand the impact equity release may have on the inheritance you leave behind and help you decide if it is right for you.
To help you understand the features and risks associated with a lifetime mortgage or home reversion plan, we will provide you with a personalised illustration for whichever of these options best suit your needs. This will be based on your individual circumstances and will help you make your final decision.
If you'd like more information about equity release, please contact us on the number below, by email or by using the contact form and we’ll be more than happy to assist you with any enquiry.
If you'd like to discuss your requirements or book an appointment with us to look at your options please call us on: 0191 252 9318 or contact us
The amount you can borrow will depend on the value of your property and your age. The older you are, the higher the percentage of the value of your property you can borrow. The rate of interest may be fixed or variable.
A lifetime mortgage is designed to be a long term commitment. If repaid early, it may result in early repayment charges.
We only recommends plans with this guarantee.
This is a lifetime mortgage. To understand the features and risks, ask for a personalised illustration.
The risks will depend upon the type of equity release scheme you choose.
Think carefully before securing other debts against your home.
With a home reversion plan, you sell a percentage of your property to a reversion company in return for an income and/or a lump sum. When the property is sold the agreed percentage belongs to them. You or your heirs will not benefit from any future rise in house prices on this percentage.
Equity release is a serious decision and not right for everyone because it may affect your entitlement to state benefits and will reduce the value of your estate. Taking professional advice and discussing your options with those close to you is essential.
Independent Financial Advice is extremely important when you are considering a home reversion plan or equity release. Here at Verity Wealth Management we are happy to work with you, your family and your legal adviser to ensure that you experience the best outcome possible for yourself.
Your property may be repossessed if you do not keep up repayments on your mortgage
"Equity release" refers to home reversion plans and lifetime mortgages. To understand the features and risks, ask for a personalised illustration.
For mortgages and equity release we can be paid by a combination of fee and commission or by fee payment only.
A typical £595.00 fee is payable at the time the application is completed and submitted to the provider; plus we will be paid a commission by the lender.
Alternatively for fee only cases, a £595.00 fee is payable at the time the application is completed and submitted to the provider plus we will charge a fee of 0.5% of the loan value on completion.
Contact me if you want advice or, if you prefer let me call you.
The initial discussion is free and there is no obligation whatsoever on your part.
Equity Release allows you to free up cash from the value of your home without the stress of having to sell up and move.
There are two main types of equity release plan available:
Both of these plans will allow you to remain in your home and release cash to use for whatever purpose you want.
You can talk to an equity release specialist, ring Tel: 0191 252 9318 or book an appointment via, our contact form.
Independent Financial Adviser
No obligation expert advice
Taking out equity release is a major decision, so it's important that you seek proper financial advice. That's why Verity Wealth Management offer you free impartial advice with no obligation on your part to do anything. With the Verity Wealth Management Equity Release Advice Service you will get advice and information from a fully qualified equity release specialist.
CALL US: 0191 516 6353
or 0191 252 9318
The information contained in this website is targeted at UK consumers and businesses.
Verity Wealth Management LLP is authorised and regulated by the Financial Conduct Authority
Verity Wealth Management LLP is a Limited Liability Partnership
Verity Wealth Management LLP. Registered office and Postal address: Suite 11, The Hub, New Century House, Crowther Road, Washington,
Tyne and Wear, NE38 0AQ
Tel: 0191 516 6353 or 0191 252 9318. Email: email@example.com. Registered in England Number: OC342327 -
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