Viva ’ s class act steals t he glor y f or t he eight h time

MORE and more silver surfers (or at least those over 55) are looking at equity release either to provide a financially secure retirement in their later years or to give their children a small nest egg to enjoy while they are young enough.

Three things you should consider before you take out Equity Release though:

1. Make sure the company is Financial Conduct Authority (FC A) registered so you and your money are protected if the company runs into financial difficulties.

2. Tr y to use an established company and one that has a faultless reputation in the industr y.

3. Make sure any company is a member of the Equity Release Council

An undoubted contender of choice would be Viva Retirement Solutions simply because they have just been voted Best Financial Adviser at the Mor tgage Solutions awards night and this is not only the second successive year they have won the crown, but the EIGHTH time they have finished top cats.

That speaks volumes for Viva’s professionalism and makes them number one choice for anyone who is looking to release money from their home and is unsure who they can trust.

The reason you should insist on FC A membership is because there are still unlicensed operators (I call them criminals) working out their to make you par t with your money.

Since Covid there’s been a massive increase in the number of over-55s being targeted for cash locked up in their homes. And that, quite often, means equity release .

Equity release in itself is a perfectly legitimate scheme when done professionally with the correct Viva Retirement Solutions, who can help over-55s access the wealth tied up in their homes as a tax-free lump sum or a regular income .

This acts as a form of loan, secured against the asset, so that it does not then need to be repaid until the sur viving borrower dies or moves into long term care .

Is a lifetime mortgage right for you?

However, the scammers are still tr ying to cash in. Due to an influx of interest from the market, rogue firms posing on comparison sites and on social media, have managed to successfully dupe record numbers of people .

The fraudsters work by convincing homeowners to hand over personal details, such as their phone number, email address and the value of their home , under the guise of helping them to find the best deal.

For tunately the FC A now controls the industr y with an iron fist. Our advice is to always make sure the company you are dealing with is reputable , and tr y to avoid those who seek you out.

Viva Retirement Solutions will always make you aware of any potential charges or pitfalls before you complete and it is in your hands how you progress forward.

To be eligible to release equity from your homes: a) You must be aged 55 or over. b) You must own (or be buying) your own home , with little or no mor tgage left to pay. c) Your home must be wor th at least £70,000 or £100,000 depending on proper ty type

Viva Retirement Solutions lifetime mor tgage specialists are available to answer any questions you have . Why not give them a call today. Or, if you'd rather, you can give them your number and they will give you a call back.

Find out more about Equity Release from the Viva Retirement Solutions website at www.vivaretirementsolutions.co.uk or call them free on 0800 046 9776. A lifetime mor tgage is a long term commitment which could accumulate interest and is secured against your home . Equity release is not right for ever yone and may reduce the value of your estate .