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SEVENOAKS DISTRICT COUNCIL
HOUSING ADVICE LEAFLETS FOR OLDER RESIDENTS
OWNER OCCUPIERS: RELEASING EQUITY IN YOUR HOME
An equity release plan allows you to free up cash from the value of your home
without having to sell your property. This money can then be spent on what
you need, such as for example, home improvements. Taking out an equity
release plan is a major decision and to understand the risks and features of
this option, you will need to take financial and legal advice and choose a
reputable organisation before pursuing this option. To help you decide if this
option is right for you, you will need to obtain a no obligation, personalised
illustration from a specialist organisation. Equity release may not be right for
everyone and it may affect your entitlement to state benefits and will reduce
the value of your estate.
FAMILY MOSAIC HOME IMPROVEMENT AGENCY
Equity release products are available through Family Mosaic. To discuss
options available to you call them on  08000 028 3172
AGE UK EQUITY RELEASE SERVICE
You can also talk to an equity release specialist at Age UK.
For further advice, see their website  www.ageuk.org.uk or call the equity
release advice line on  0800 023 2814