Our Secured Escalating Release Plan
The Bridgewater Secured Escalating Release Plan allows you to release a cash lump sum now, together with an agreed guaranteed annually escalating payment made over a given number of years.
Please note that the Secured Escalating Release Plan is not available in Scotland.
As with all of our plans;
The cash amount offered is dependent on your age(s), the percentage of your property you want to sell and the current value of your property
The plan enables you to sell a proportion of your property (at least 25% of the property or a release of £25,000, whichever is lower), followed by a series of annual payments which escalate each year over an agreed period of time.
You have complete security of tenure to remain in your home for the rest of your life, rent free
If your circumstances change in the future and you want to move to a suitable alternative property, the plan is transferable.
For more information about these plans, please click here or speak to a financial adviser.