Equity release

Our referral partner for Equity Release is Key Partnerships, the UK’s number one advice firm in the Equity Release sector.

They offer:

  • Lifetime mortgage – single advance or drawdown
  • Enhanced plans
  • Protected plans
  • Interest payment plans
  • Home reversion plans

Downton & Ali Associates can help you evaluate your needs and arrange a comprehensive strategy for an equity release plan. Key Partnerships will provide you with advice and the best solution to suit your needs.

A lifetime mortgage is not suitable for everyone and may affect your entitlement to means tested benefits, so it is important to seek financial advice before taking any action.  If you are considering releasing equity from your home, you should consider all options available before equity release.

The interest that may be accrued over the long term with a Lifetime Mortgage, may mean it is not the cheapest solution.  As interest is charged on both the original loan and the interest that has been added, the amount you owe will increase over time, reducing the equity left in your home and the value of any inheritance, potentially to nothing.

Although the final decision is yours, you are encouraged to discuss your plans with your family and beneficiaries, as a Lifetime Mortgage could have an impact on any potential inheritance. We would also encourage you to invite them to join any meetings with your Financial Adviser so they can ask questions and join in the decision, as we believe it is better to discuss your decision with them before you go ahead.  This is a referral service.

Your property may be repossessed if you do not keep up repayments on your mortgage.

If you have any questions, or if there’s anything you’d like explained, please speak to one of our team on 020 3021 0075 or email us at info@downtonandali.co.uk