Equity release financial advice
Equity release is a specialist type of mortgage aimed mainly at people over 55 years of age, to release a lump sum. But you’ll want to be sure equity release is right for you - talk to the experts.
What is Equity Release?
Equity release - specialist legal advice
Equity release is a specialist type of mortgage aimed mainly at people over 55 years of age. Maybe you’re looking for a lump sum so that you can do some home improvements, or maybe you’d like to use your home as a source of income so that you can enjoy life to the full. Or maybe you want to pay for school fees or care home fees? Whatever you're planning, equity release could be the way forward. But you should take expert advice to choose whether it's right for you and which product and which provider will meet your needs best.
Equity release is complex and if you take out a plan, make sure it’s with a lender approved by the Equity Release Council, one of the Telegraph's lists of Five key reasons to seek equity release advice. Tees’ own equity release advisers, Toni Chalmers-Smith and Catherine Banks are both approved by the Equity Release Council.
Equity release financial advice services
Our specialist advisers in our financial advice team and our residential property team will:
- explain how equity release works and the many different equity release products on the market
- listen to what you want to achieve
- help you to understand the financial implications of any decision for your future
- work out which is the best product with a view also to minimising costs, for example, interest rates and charges
- explain how to maximise the value of your estate with regard to leaving an inheritance for your family
- help you plan how to discuss your plans with family members (an alternative option may be for them to help you financially to preserve their future inheritance)
- consider other options such as downsizing or other forms of borrowing such as remortgaging your home or getting help from your family.
If you think equity release could be for you, give us a call and let’s talk about how we can help. You can come in and see us for a FREE 20 minute face-to-face consultation about your options.
Independent financial advisers
Our advisers work as part of a bigger Wealth Management team. We are regulated and authorised by the Financial Conduct Authority, which means we are accountable for all the advice that we give.
Our independant financial advisers are based in:
- Cambridgeshire: Cambridge
- Essex: Brentwood, Chelmsford, and Saffron Walden
- Hertfordshire: Bishop's Stortford and Royston
But we can help you wherever you are in the UK.
Talk to an expert
-
James Appleby
Managing Director at Tees Wealth
Bishop's Stortford office
Meet James -
Catherine Banks
Associate - Residential property
Bishop's Stortford office
Meet Catherine -
Adrian Ostler
Financial Services Manager, Wealth management
Cambridge office
Meet Adrian -
Toni Chalmers-Smith
Wealth Specialist, Wealth management
Bishop's Stortford office
Meet Toni
What our clients say
Jim Hook
Bishop's Stortford
Tees supported me in my role as attorney for my elderly mother-in-law in obtaining release of capital from her house to fund her care, enabling her to continue to live in her own home. This was a protracted process requiring an application to the Court of Protection as well as advice on the equity release market and the conveyancing aspects of the transaction. Tees’ multi-disciplinary expertise meant I could find all the help I needed from the one company: Toni Chalmers-Smith as wealth specialist, Francis Gill with the Court of Protection and Catherine Banks on the conveyancing. A great team!
