Summary: Money Alive’s Equity Release box set is an engaging, consistent and efficient way to educate clients and prospects about releasing equity from their home. It comprises 10 short videos and takes around 30 minutes to view.
Clients and prospects who would like to find out more about releasing equity from their home.
The box set covers important topics including the amounts you can typically raise, eligibility, the advice process, and potential impacts on means tested benefit. It also looks at how Lifetime Mortgages and Home Reversion schemes work in practice.
This interactive box set talks about some of the alternatives people might consider as well as some of the ongoing implications of equity release once it has been taken out. Like all Money Alive box sets you get a detailed viewing report regarding a client’s viewing.
You might also want to consider sharing the box set with the family or trusted friend of a client as a way of managing risk or helping a vulnerable customer.
What is equity release and some important things you need to think about.
How equity release may help and the importance of good financial planning.
How financial support from the State might help and how means-tested benefits could be affected.
Lifetime mortgages and Home Reversions Schemes.
The amounts you can typically raise and the costs for you and your estate.
Understand how interest rates impact on your overall costs and other expenditures you need to consider.
The impact of changes in house prices, paying your plan off early, and what happens if you move permanently into care or die.
Some alternative ways to boost your income or reduce your costs.
Some alternative later life borrowing options.
The application process, what to expect, and the value of professional advice.
