Equity Release
Equity Release schemes allow you to release tax-free cash from your home to increase your finances in later life. Equity Release is for homeowners over the age of 55.The two main types of equity release schemes are Lifetime Mortgages and Home Reversion Plans (Home Reversions - this service is offered by referral to a third party). To understand their features and risks ask for a personalised illustration
Capital Management Financial Services only recommend Equity Release Council approved equity release schemes (formerly known as SHIP - Safe Home Income Plans). Safe Home Income Plans (SHIP) was launched in 1991 in direct response to the growing need for consumer protection. SHIP represents the majority of the equity release market in terms of volume and its members include the leading providers of lifetime mortgages and home reversion plans
These are lifetime mortgages and home reversion plans. To understand their features and risks ask for a personalised illustration
We typically charge a fee of £1295 payable upon completion of your Equity Release plan. This is subject to your circumstances and we will discuss this with you.
Mortgages
First Time buyers - Home Movers - Buy to Let - Second Home - Re-mortgagesCapital Management Financial Services are impartial advisers and do not work for any bank, building society or insurance company. This means we work for YOU our client and are able to search through all the various plans on offer from mortgage lenders for the most appropriate mortgage to meet your requirements.
House purchase is an important financial decision that needs careful consideration of all the facts before proceeding with your long term commitment.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
For Mortgage advice you can choose how we are paid; pay a fee, usually £495, or we can accept commission from the Lender or a combination of both.
Protection
Various products are available to protect you and your family. Capital Management will search the whole market to find the most appropriate product to meet your needs.Income Protection - this will replace part of your income if you are unable to work due to accident, sickness and unemployment.
Life Cover - this could be to repay your mortgage, to provide a lump sum to protect your family in the event of death.
Critical Illness Cover - to pay a cash lump sum in the event of being diagnosed with a serious illness.
Mortgage Payment Protection Insurance (MPPI) - this is designed to take care of your mortgage and some of the associated expenses for up to two years if you are unable to work through accident, sickness or unemployment.
Home Insurance
Buildings Insurance - Contents InsuranceWe will search the market to find the most competitive plan that suits your individual requirements.
Contact
Telephone: 07515 901 847
Email: info@cm-fs.co.uk