Are you looking for some extra cash for your retirement? Equity Release could be a good option for you. Below we explain what Equity Release is and how we could help…

2 types of Equity Release

There are two types of equity release: Lifetime Mortgages and Home Reversion plans. Both of these are regulated by the Financial Conduct Authority.

By using an equity release product, a homeowner can draw a lump sum or regular smaller sums from the value of their home, while remaining in their home.

Equity Release can play a crucial role in retirement funding and the flexibility and safeguards which are built into plans that complies with the Equity Release Council’s standards enable thousands of homeowners every year to safely tap into their housing wealth without having to worry about making monthly repayments.

If you are thinking of taking out an equity release plan, you need to find out as much as you can about your options and weigh up the advantages and disadvantages fully before you decide if equity release is right for you.

How can we help?

Paul Clifford at Clifford Osborne is a fully qualified chartered and independent financial adviser. He can help you understand the steps involved and talk you through your options, effects, state benefits and tax and your obligations.

Done correctly, Equity Release should have no impact on an individual’s tax position or their state benefits; however, each individual’s circumstances need to be addressed. This means that whatever your Equity Release needs, there is likely to be an equity release plan available to meet them.

Within these two categories, there are many different options available and it is important that your current and future needs are matched with the right type of Equity Release plan, which an equity release qualified adviser can help you with.

Paul Clifford from Clifford Osborne can also help you to establish how taking out a Lifetime Mortgage or a Home Reversion Plan might affect your tax position, your eligibility for means-tested benefits or your ability to move or sell your property.

There are advantages and disadvantages in both types of plans so it is important for you to find out as much as you can, to get qualified advice and, if possible, to talk it over with your family to ensure you choose the best plan to fit your needs.

To understand the features and risks of an equity release plan ask for a personalised illustration from your advisor.

One of the most important things to look out for is the Equity Release Council logo and to be sure you seek independent financial advice from a FCA regulated business.

Get in touch

Clifford Osborne are Equity Release specialists based in East Sussex. We’d be delighted to offer you a free initial review to discuss Equity Release – please get in touch to book yours. We are often visiting clients across the South East, including Eastbourne, Brighton, Tunbridge Wells, Hastings, Bexhill, Lewes, Uckfield, Heathfield, Newhaven and further afield.

Learn more about us or read more financial advice in our blog.

Please read our VoucherFor reviews here.

The value of investments can go down as well as up and you may not get back the full amount you invested. The past is not a guide to future performance and past performance may not necessarily be repeated.

It is important to take professional advice before making any decision relating to your personal finances. Information within this blog is based on our current understanding of taxation and can be subject to change in future.

It does not provide individual tailored investment advice and is for guidance only. Some rules may vary in different parts of the UK; please ask for details. We cannot assume legal liability for any errors or omissions it might contain. Levels and bases of, and reliefs from, taxation are those currently applying or proposed and are subject to change; their value depends on the individual circumstances of the investor.

The value of investments can go down as well as up and you may not get back the full amount you invested. The past is not a guide to future performance and past performance may not necessarily be repeated.

If you withdraw from an investment in the early years, you may not get back the full amount you invested. Changes in the rates of exchange may have an adverse effect on the value or price of an investment in sterling terms if it is denominated in a foreign currency. Taxation depends on individual circumstances as well as tax law and HMRC practice which can change.

The information contained within the blog is for information purposes only and does not constitute financial advice.

The purpose of the blog is to provide technical and general guidance and should not be interpreted as a personal recommendation or advice.


To understand the features and risks of an Equity Release Scheme please ask for a personalised illustration. A typical fee for Equity Release is £795.00.