 |
|
|
|
Once your Equity Release plan has been agreed by yourself and the plan provider, you can expect to see the money. Typically, it takes between four and six weeks between making your application and the day that your money arrives. Usually, it is paid by the plan provider to you via your solicitor.
|
|
|
|
With either a Lifetime Mortgage or Home Reversion plan, it might be possible for you to raise more cash from your property at some point in the future.
|
|
|
|
What do you want to do with your money? Save it or spend it? Maybe a bit of both.
|
|
|
Maybe you want to visit relatives overseas. Maybe buy a new car. Pay for an urgent operation. Supplement your pension. Help the grandchildren at University. You can decide what to do with the money - the choice is yours.
If you need further advice on investing your some of the money that you have released then contact an IFA.
|
|
|
