How old are you? What is the approximate value of your property? If you have a mortgage or loan on the property, how much is outstanding? Title: Mr Mrs Ms Your First Name or Initials: Your Last Name: 1st line of your Address: Your Postcode: Telephone Number: Email Address:

Over the last two years it has become increasingly difficult for first time buyers entering the housing market.  In response to this more and more retired homeowners are opting for equity release policies to assist their children or grandchildren with a deposit.

Quite often a deposit for a property can be as much as 25% of the purchase price.  This can equate to £40,000 which is a huge amount of money for a young person to save.

More and more retired homeowners are opting for equity release to assist their families whilst they are still alive.  For example, a couple with two grandchildren can choose to release £60,000 from their property to give each grandchild £30,000 each.  Under a equity release scheme they are able to remain in their own property until they move or die.

It is extremely important that an elderly couple contemplating this course of action should take specialist professional advice. 
Homeowners aged over 55 years who would like to know how much money the value of their property could release to help their children or grandchildren can find out by contacting therightequityrelease.co.uk for equity release advice.