Secured Escalating Release Plan
Our Secured Escalating Release Plan allows your clients to release a cash lump sum now, together with agreeing guaranteed annual increasing payments over a given number of years (maximum 15).
With this plan:
- The cash amount offered is dependent on your client's age(s), the percentage of the property they want to release and the current value of their property
- It can also be used to help your client purchase a new home
- It offers complete security of tenure for your clients to remain in their home for the rest of their life, rent free
- If your client's circumstances change in the future and they want to move to a suitable alternative property, the plan is transferable
- Please note that the Secured Escalating Release Plan is not available in Scotland.
For more information about this plan, please click here.