Alternatives to equity release

An equity release plan is an important potential financial retirement planning option for homeowners. However, other alternatives like those listed below may provide a more effective financial solution and should be considered before an equity release plan is entered into.

Moving to a cheaper property
A cheaper property could release cash from your existing home.

Involving family or friends
There may be close family or friends that are able to provide financial support.

Pension credits/benefits and grants
You may be entitled to more benefits and allowances than are currently being claimed.

Savings and investments
You may be able to withdraw cash from other existing financial resources.