Equity Release Advice
Have you been thinking about Equity Release?
Would you like to know more?
Then call us to arrange a chat.
Independent Financial Advice
Equity Release can be a good way of helping you to fulfil some retirement dreams, by turning some of the equity tied up in your home into tax-free cash. It can also be spent on funding retirement now or spent on the family. However, equity release has costs associated with it, and these costs can be expensive.
Equity Release, also known as Lifetime Mortgages, refers to a range of products letting you access the equity tied up in your home if you are over the age of 55.
Commonly asked Equity Release questions:
- Will my family inherit a debt?
- How much equity do I have in my property?
- How much equity would I like to release?
- Will there be any impact on state benefits?
- Will I be able to move house in the future?
- What are the fees?
- What happens if I need long term care?
Ian Francis is a specialist in Equity Release advice. He is also an independent financial adviser, based in Lincoln. He’s here to give you peace of mind and confidence, and help you make an informed decision if Equity Release is right for you.
What You Can Expect
Ian knows all about the advantages, disadvantages, and special features of Equity Release.
So he can help you understand how best you might solve your problems, from the wide range of options available.
Equity Release might not be for you, or there may be alternatives to using it, and that's Ian's most useful role - to see what's right and not right - for you.
Ian's first meeting is complimentary for you. It will give you the opportunity to decide if you like him and more importantly trust his professional knowledge.
Why Use Equity Release?
Here are just some of the reasons why you might want to use Equity Release:
- To Help Pay for Major Family Life Events
- To Pay Off Mortgages, Loans, and Debts
- To Fund a Comfortable Retirement
- To Carry Out Renovations
- To Make a Big Purchase
- Get More Income
Ian is a fully qualified member of the Personal Finance Society, since 1994. He has built his expertise with numerous qualifications and professional development each year.
You could study page after page of Google to learn about Equity Release and look at different products; but are they the best, right, and cheapest for you - can you confidently search across the entire market?
As independent financial advisers, our first role is to advise on whether Equity Release is right for you.
Our second role is to use our sourcing systems - where every Equity Release provider is listed, along with all their products, to identify how much you can raise (subject to lender requirements).
So we think that's the Chestnut difference - sincere, professional, service.
Ian Francis is a fully qualified member of the Society of Later Life Advisers, having demonstrated his professionalism in giving advice for those clients looking to the future and undertaking professional qualifications, as an independent financial adviser.
Ian is also a fully qualified member of the Society of Later Life Advisers retirement advice standard. He has built his expertise with numerous qualifications and professional development each year.
Why Choose Chestnut Financial Services For Advice?
The market of Equity Release providers and products is wide – making it hard to navigate.
Knowing who to take out your plan with is a confusing time with many decisions to make.
We are independent financial advisers, so we search across the whole of the marketplace to give you independent advice right for you!
You could opt for advice tied to a particular Equity Release provider, but that means you’re not getting impartial advice, which could mean you not getting the best deal – and losing out on more cash or lower interest rates.
Our Equity Release Advice Is Always 100% Impartial
We’re not tied to a particular provider. We can offer you access to a wide market of Equity Release options – meaning you’ll be able to find the best deal suitable for your circumstances.
We also won’t recommend Equity Release products if they are not right for you. We just give you honest advice: if other routes would suit your circumstances better, we’ll tell you.
You Won’t Pay a Penny Until Your Ready
We don’t want you to rush into a financial decision like Equity Release without talking about it with your family and taking your time to make up your mind.
We’ll help you find the best deals and options available for your situation – and give you the time you need to think about it.
You won’t pay us for our time until you ask us to provide you with a formal recommendation - telling you which Equity Release provider offers you the best value for money.
We’re Equity Release Council Members
The Equity Release Council is the trade standard body for those providing advice about Equity Release, as well as for solicitors and product providers.
It means we’re subject to strict regulations – we have to always operate in your best interests and make sure you fully understand the benefits AND disadvantages of Equity Release.
Being Members means you’ll have peace of mind: you’ll know that we have to provide a high level of quality service and top-notch Equity Release advice.
We Only Advise on Equity Release Deals That Offer a ‘No Negative Equity Guarantee’
As part of our Membership of the Equity Release Council, we don't recommend deals that haven't got a ‘no negative equity guarantee’ from the Equity Release provider.
Many people thinking about equity release worry that they’ll end up owing more than their house is worth. With the ‘no negative equity guarantee’, we promise that you’ll never have to pay more than your house sells for at the end of the Lifetime Mortgage.
That means your family won’t be left with a big bill when you pass away, either.
We Answer Your Questions
No matter how seemingly silly or difficult, our aim is to answer your questions and give you confidence about our professional work.
Investing now is all about getting the best life for the future.
Want to read more?
Think carefully before securing other debts against your home. Equity released from your home will be secured against it.
You may have to pay an early repayment charge to your existing lender if you remortgage. Equity release could reduce your eligibility to means-tested benefits and could affect your tax position.
Your home may be repossessed if you do not keep up repayments on your mortgage.
We’re on Unbiased
Unbiased is a database of top-rated professional independent financial advisers, mortgage brokers and accountants. Many parts of the government, such as the Money Advice Service as well as various consumer bodies, such as Which?, and leading investment and insurance companies, refer clients and readers to the Unbiased website, for regulated advice.
The Times VouchedFor’s 2021 Top Rated Financial Adviser Guide
I am humbled and honoured to be recognised by our clients. I am so grateful for the work I do every day and thank you to all who have supported me throughout this incredible journey so far. Our 5-star rating is something we are committed to retaining through high-quality advice and service to all our clients.
Main office address:
10 Newark Road,
Lincoln, LN5 9HA
The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.
Chestnut Financial Services Limited. Registered in England no 9918363. Registered office: Commerce House, Carlton Boulevard, Lincoln, LN2 4WJ
Authorised and regulated by the Financial Conduct Authority No. 840940