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24 ADVICE<br />
Unlock the value of your home<br />
with Equity Release<br />
Improving health and an increase in life expectancy is putting a strain on people who fund their lifestyle on limited<br />
resources, particularly in times of instability on stock markets and low interest rates.<br />
Coupled with this is the increase in debt being carried into retirement, funding the provision of care,<br />
supporting children in adulthood and the growth in relationship breakdown with the over 60s.<br />
As an owner, your property is probably your biggest asset and with the passage of time there has<br />
been an ever-increasing number of homeowners turning to equity release as a means of releasing some of the<br />
tax-free cash tied up in it. What started off as a scheme to enable people in need to release capital or income<br />
from their home has developed into an integral part of financial planning to be used in a variety of ways<br />
including:<br />
• maintaining your standard of living by supplementing income or replacing capital<br />
• consolidating credit cards, loans and other debts<br />
• paying off an interest-only age restricted mortgage<br />
• home improvements and adaptations<br />
• holiday of a lifetime<br />
• funding medical and social care<br />
• assisting children and grandchildren on the property ladder<br />
• funding divorce or civil partnership settlements for self or children<br />
• paying school and university fees<br />
• mitigating inheritance tax<br />
Equity release is highly regulated and there are many safeguards in place to protect those who take out a<br />
plan, however, it is important that advice is sought from a specialist solicitor and financial adviser with the<br />
relevant experience early in the process.<br />
GWYN JAMES<br />
S O L C I T O R S<br />
THE PROPERTY SPECIALISTS<br />
mortgages, life insurance and finance specialists<br />
u Residential Sales and Purchases<br />
u Remortgage<br />
u Buy to Let<br />
u Shared Equity Purchases<br />
u Help to Buy Schemes<br />
u Leasehold Properties<br />
u Equity Release<br />
u <strong>Property</strong> Trusts<br />
u Sharing Ownership<br />
u <strong>Property</strong> Disputes<br />
4 Re Mortgage<br />
4 Overseas Mortgages<br />
4 Buy To Let Mortgage<br />
4 Let To Buy<br />
4 Help To Buy<br />
4 Equity Release<br />
4 Protection<br />
4 Asset Finance<br />
4 No broker fees<br />
COLEFORD | MONMOUTH | ROSS ON WYE | CINDERFORD<br />
(01594 833042) (01600 775950) (01989 564209) (01594 822277)<br />
info@gwynjames.co.uk<br />
www.gwynjames.co.uk<br />
Gwyn James Solicitors is a trading name of Gwyn James Legal Limited<br />
which is authorised and regulated by the Solicitors Regulation Authority<br />
Professional Impartial Confidential<br />
Top Floor, The Market Tavern, 26 Agincourt Square, Monmouth NP25 3BT<br />
E: blestium@hotmail.com<br />
Tel: 01600 775393<br />
www.blestium.com
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