Equity Release is a way for homeowners aged over 55 to transform the cash locked in their property into a tax-free cash lump sum or income.
With the freedom to spend the money in any way, many people choose to make improvements to their home, take extra holidays or simply relieve the strain on finances and daily living costs.
By releasing equity from your home the value of your estate will be reduced, and also there may be an effect on your entitlement to means tested benefits. So it’s important you have the right information to hand before making any decision.
Equity Release for people living with diabetes
Some good news, for homeowners aged 55 and over, looking to release equity from their homes. Preferential terms may be available for those who have diabetes.
With so many equity release plans available, some of which take account of your health in the terms offered. This can have real advantages for those living with diabetes by offering either higher amounts or improved rates.
Whatever the best solution is for you, it is important that you receive the best advice on the range of plans available. The Diabetes UK equity release service is provided by Key Retirement Solutions (Key), the UK’s leading equity release specialist.
Find out if Diabetes UK Insurance Services can help you get the best value plan for you by calling 0800 731 7431 (select option 6) or email for more information and a copy of Key’s equity release guide.