To fully understand whether equity release is the right solution for your requirements, you need to get financial advice. Read on and see why we are your natural choice for your retirement planning.
We have dedicated professionals who specialise in all aspects of financial planning, providing a holistic solution that is personal to you. We appreciate you may just need to get some further information and we won't bombard you with follow up calls, we respect your privacy and prefer to guide you carefully through your journey in exploring later life lending.
We have no ties to any one lender so we can guarantee the right plan to suit your financial requirements. That means we look at all our lenders and can ensure you, we source you the cheapest cost of borrowing available.
All fees are clearly explained and can in most cases be added to your loan (this will incur additional interest) to save any out of pocket expenses. Plus, we make no upfront charges, so our initial advice is free and without any obligation, and you will not pay a penny unless you proceed with a plan that completes. Therefore, by choosing us you can do so without any initial financial obligation.
Lifetime Mortgages are available to homeowners aged 55 and over, and the minimum property value is £70,000. You must either be mortgage free or looking to settle your existing mortgage as part of your plan.
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.
We will tell you all about how equity release works, and clearly discuss fees and costs. There is nothing to commit to at this stage.
If you wish to proceed with your plan, your adviser will book a 2nd appointment to present the recommendation.
Your adviser after the 1st appointment will undertake extensive research and find the most suitable product in the market and call you to discuss.
Sit back and let our team progress your application to completion. Normally funds can be in your account within 12 weeks.
There is no pressure at any stage. Even if you decide you do not want to proceed you can stop the process without any fees right up to completion. Our dedicated team will look after you and keep you fully informed at every key stage, so you will always be kept fully updated as your case progress.
We do the hard work and look at all the options available to you,
to ensure our recommendation is tailored to your needs
We use 5 market leading equity release lenders, who are all members of the Equity Release Council. So we give you choice and not just one lenders options.
We search over 300+ options across our lenders to pinpoint the lowest cost of borrowing to meet your requirements.
Concept Financial Services has an envious client record, with over 6000 clients who we have assisted across a wide range of financial solutions.
We prefer to call it : Later Life Lending – is the ability to release some of the value in your property, normally by a secured Lifetime Mortgage. You remain the owner of the property and you can choose to make repayments or make no payments if you so choose.
Lifetime Mortgages are very flexible and unlike traditional mortgages you do not need to undertake an affordability assessment.
Repayment of the loan occurs when you pass away or if a couple when the sole surviving partner passes away, or you move into long term care. Then the property is sold and the proceeds are used to repay the lender and the remaining equity passes to your estate as instructed within your Will.
If you are searching a solution to clear your current mortgage as it has come to the end of the term, a Lifetime Mortgage might be the solution you require.
Circumstances do change and if you need to move home typically after 5 years of taking out a lifetime mortgage, you can repay the loan early without incurring any penalities
You can make capital repayments to your loan if you so wish and generally up to 10% per annum is allowed by most lenders. This will allow you to reduce the debt if you so wish.
You can guarantee an inheritance by ring fencing a proportion of your home. This guarantees that a percantage of your home will be left to your family when the property is sold.
Interest rates can be fixed for the lifetime of the mortgage or you can opt for a variable capped rate. With the fixed rate option, you can be assured the rate will never change over the term of the loan.
If you or your partner have any health conditions, you may be accepted to either release more money or get a better interest rate. Conditions such as high blood pressure or diabetes are typical heath issues where you could qualify.
You can decide at the outset to make repayments to service the interest charged on your loan. This is flexible and you can pay all or just some of the interest and you can stop making payments later on.
We recommend specialist equity release solicitors who will provide you the required legal advice you must take when taking out an equity release plan. Plus, they will make no charge to you unless your plan completes. It is a requirement that you take legal advice before releasing equity from your home as lifetime mortgages/home reversion plans are not right for everyone.
If you have any questions or concerns, take a look at our commonly asked questions, get the facts and don't be misled by common misconceptions.
If you need to know more, please give us a call and we will be delighted to answer any questions you have. We do not have call centres, so you can be assured a friendly chat with one of our qualifed advisers.
CFS Equity Release is a member of the Equity Release Council and proud to support the statement of principles and best practices. All our lenders are members of the Council.
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.
APPROVED BY OPENWORK PARTNERSHIP: xx/xx/2025
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.
Equity release is a Lifetime Mortgage / Home Reversion plan which is secured against your property via a first legal charge. To understand the features and risks ask for a personalised key facts illustration.
Any existing mortgage(s) must be paid off on completion. Any money released, plus accrued interest to be repaid upon death, or moving into long-term care.
Equity release will affect potential inheritance and your entitlement to means-tested benefits both now and in the future.
We provide initial advice for free and without obligation. Only if your case completes would a typical fee of 2% of the loan amount released be payable subject to a minimum £1250.
CFS Equity Release is a trading name of Delphic Financial Planning Limited FCA No. 486037 which is an appointed representative of The Openwork Partnership a trading style of Openwork Limited which is authorised and regulated by the Financial Conduct Authority FCA No. 408285
Delphic Financial Planning Limited – Registered Office: 17 Heritage Park, Hayes Way Cannock WS11 7LT – Registered in England No. 06613871
