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Equity Release

If you are 60 or over and a homeowner, equity release plans offer a way to release cash from your home to spend on whatever you choose.

The issues surrounding  our income in retirement affects us all, but it is already a very real and daily challenge for millions of people in retirement.

However, many retired people who manage on a small pension and limited savings are also living in properties which, even with the recent house prices falls, are still worth a great deal of money.

Equity release plans – also called lifetime mortgages, home reversion or home income plans – are a way of releasing cash by borrowing money against the value of your home, with the debt being repaid from the sale proceeds after your death. Equity Release will not suit everyone and will always require careful thought and expert advice. In the right circumstances however, it can mean the difference between watching every penny or being comfortable in retirement.

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RB Financial is a trading name of Bob Barnett Limited which is an appointed representative of IN Partnership the trading name of The On-Line Partnership Limited which is authorised and regulated by the Financial Services Authority (http://www.fsa.gov.uk/register/home.do). FSA Registration No: 498568

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