Welcome to GMPF Equity Release Solutions!
If you have decided to opt for an equity release scheme because you are currently in retirement and are in need of an additional source of income, you will definitely need legal and financial advice. We at GMPF Equity Release Solutions know that opting for an equity release plan is an important and difficult decision and without sufficient information, you can end up making a wrong decision. We are here to provide you with the guidance and advice that you need on how to build long term estate planning and how to choose the equity release plan that will best meet your needs.
Our independent financial advisers will provide you with expert advice and will provide you with answers to some of the most important questions that you may have. Some of these questions include:
|What exactly is equity release?||How much money can you release?||Are you eligible for equity release?|
|Why would you take out an equity release scheme?||What can the money that you release be used for?||What are the different types of equity release schemes available?|
Furthermore, our financial advisers will never recommend a plan or a provider that is not right for you. They will also never advise you to release more money than what you actually need. So what exactly will our advisers do for you?
|First of all, they will make a fully assessment of your current financial situation. Based on this assessment they will determine if equity release is the right option for you.||If equity release is the right option for you, they will make recommendations on the plan and provider that will best meet your needs and requirements.|
|Once you have made a choice, they will assess the impact the scheme will have on your tax position and your eligibility for state benefits.||They will also help you to understand how your choice of equity release will affect the inheritance you leave behind since that equity release will definitely impact this inheritance.|
Equity Release Schemes
This is probably the most popular type of equity release scheme. It is a loan that is secured against the value of your property. You are charged a fixed interest rate; however, you will not be repaying this monthly. Instead, your loan and interest payment will be made after you either die or move into a long term care facility
Drawdown Lifetime Mortgages
This scheme is a type of lifetime mortgage and works exactly the same with the exception that there is a certain amount of flexibility. You are free to withdraw a certain amount initially and leave the rest until a later period when you really need it.
Interest Only Lifetime Mortgages
This is also another type of life time mortgage. It is advisable for those who can afford to make monthly payments. They are then required to make monthly payments of the interest amounts.
Home Reversion Plan
These plans allow you to sell a part or all of your property in exchange for a lump sum amount or monthly income. Even though you have sold your property, you are still allowed to remain in your property.
Get Your Plan Now!!!
Contact us by using the form on our website for more information and to get started on your plan.
Here is what some of our satisfied clients have said about our equity release services!
It has been such a pleasure working with this company. I appreciate the time and effort that they placed into truly understanding my needs and requirements and for giving me such great advice! Thank you for the great customer service!!
By Mary J. Lloyd
I have always wanted to visit Paris but never got around to doing so. Once I retired, I had the free time to do so but I did not have the money! Thanks to GMPF Equity Release Solutions, I was able to get the money I needed for my trip. It was a blast!
By Justin J. Wagner
When my husband and I decided to sign up for a home reversion plan, we were scared to a certain extent because we did not know what to expect. However, the advisor that helped us with our application was the best! He explained everything to us in details and helped us overcome our fears.
By Ashley F. Sirmans