Q & A
Should I consult my family before proceeding?
Yes. We encourage you to do so.
Should I obtain financial advice before proceeding?
Yes. It is essential you to take financial advice before proceeding.
Bridgewater Equity Release Ltd only accept Home Reversion applications from advisers who are authorised by the Financial Services Authority. Please speak to your Financial adviser if you are interested in a Home Reversion plan.
Who is responsible for the future maintenance and insurance of the property?
You retain that responsibility.
Could my state benefits be affected by the cash lump sum I receive?
Yes. Means tested benefits such as pension credit or council tax benefit could be affected. You should obtain independent financial advice before proceeding. Your financial adviser should check on this before recommending our plan.