Quotes for Home Income Plans
Worried you won't have enough cash to fund your retirement?
If you are concerned about how you will fund your retirement, you may be considering a home income plan. Releasing equity in your home can be one way of increasing your income when you are ready to retire.
There are different types of equity release available, but with a home income plan you can:
- Invest the cash lump sum loan you get on your home into an annuity that will give you a regular income throughout your retirement
- Pay the interest on the loan regularly with your annuity
- Pay back the amount borrowed when your home is sold if you die or have to move into residential care
With a home income plan, the older you are the better as this will mean that you get larger payments from your annuity.
If you like the sound of a home income plan, our no obligation, equity release service may be able to help you. All you have to do is fill in one simple form and we will put you in touch with an equity release specialist who will offer advice about home income plans, and compare the market for no-obligation quotes.