Home Income Plan
Get no obligation 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, if you wish, compare the market for competitive quotes.
Lifetime mortgages as from October 2004 are regulated by the Financial Services Authority. A lifetime mortgage is a loan secured on your home. The loan and interest are normally repaid from the proceeds of the sale of your home when you die or move into long term care. With a home reversion plan you sell all or part of your home for cash. However you do not get the full market return for doing so.
The above equity release mortgage detail is for information purposes only as does not constitute financial advice under the Financial Services and Markets Act 2000. When considering any type of equity release product, it is important that you seek independent legal advice.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.