The Free Money Advice Service has been setup by the government to provide impartial advice on most financial matters but is particularly good on Equity Release. 

Equity Release is a minefield but a necessary minefield! Get it right and older people can raise money on their property - potentially allowing them to afford to stay in their homes for the rest of their lives. Get it wrong and they can accumulate an enormous debt and effectively disinherit their children as the finance company claims their home in order to repay the accumulated loan when they die. The link below may help you decide whether this might be a useful route to go down. However just as importantly consider using a financial adviser.
This is a simple AgeUK Equity Release calculator which will help you find out how much an equity release loan would allow you to raise on your house.

Independent Financial Advisers - IFAs Melton Mowbray

Which Way Financial Solutions

Pera Business Park, Nottingham Rd, Melton Mowbray, Leicestershire, East Midlands, Melton Mowbray, Leicestershire LE13 0PB, UK – 01664 898261

Phil Denton of Which Way can explain finance in words that are understandable and even makes financial matters enjoyable to find out about ! Time spent with his company is well worth it..

Thomas Nicholas Financial Services

Office G1, Tower Building Pera Business Park, Nottingham Rd, Melton Mowbray LE13 0PB, UK – 01664 400121

We found Tom and the team very professional, approachable and always on hand if any support or advice was needed. Nothing was ever too much trouble and Tom in particular guided us through our first time house purchase. A big thank you to you all. We would highly recommend Thomas Nicholas Financial Services.

Excellent service from the beginning of the process to completion. We used Thomas Nicholas for a Help To Buy property in London and the team were very clear and thorough throughout. Thanks to their efficiency, we exchanged and completed on our target date. Would highly recommend to anyone looking to purchase through the HTB scheme.

Keightley Pattison Financial Management Ltd

Pera Business Park, Nottingham Rd, Melton Mowbray LE13 0PB, UK – 01664 569994

Click for excellent Money Saving Expert advice on choosing an Independent Financial Adviser (or IFA) around Melton Mowbray.

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