3 Reasons To Release Equity This Summer

As the summer approaches and the evenings get longer, you might find yourself looking around your garden and picturing changes you'd like to make or spending more time with family and wanting to find ways to help them out. For many, the catch can be the extra funds required to achieve goals like these.

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If you are an over 55 homeowner, you might wish to consider releasing equity. Here are three reasons why:

1. Tax-free cash lump sum Releasing equity allows you to unlock a tax-free cash lump sum from the value of your home. The money can be spent on a variety of goals and projects, and receiving a lump sum of cash can be particularly helpful if you have a large expense like a relandscaped garden that you’d like to cover.