Jul 06 2022 26 mins
Often, people aged over 55 decide to release equity from their property as a long-term loan that’s eventually re-paid using your home. Roy Thompson speaks with John Whyte an Equity Release Specialist at Equity Release Sussex on what equity release is, the different variations, common uses and when equitability is not suitable for you.
Highlights in this episode:
● What is Equity Release and how is it used?
● The two most common types of equity release
● Why people chose to release equity
● When is equitability not suitable?
More about our guest:
John has over 23 years of experience as a financial adviser working for banks, life assurance companies and IFA practices. He set up Whyte Financial in 2006, followed by a short merger with Pavilion FS in 2014. Subsequently, he joined The Right Equity Release at the end of 2014, to specialise in Equity Release. Following their merger John decided to return to operating under his own trading style of Equity Release Sussex.
Connect with John now over on LinkedIn
Carpenterbox resources:
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Carpenter Box Financial Advisers provide an integrated financial and tax advice service. Our experienced and award-winning financial advisers work very closely with our professional tax advisers at Carpenter Box to provide a fully comprehensive wealth management solution.
We work with individuals, business owners and professionals throughout the various stages of life. Whether you are a young family seeking protection against life’s unforeseen events, building a savings portfolio for a specific purpose such as a mortgage or school fees, or planning your retirement or business exit, we have a range of solutions to meet your needs. Get in touch with us today.