Daily Mail, Friday, June 3, 2016 ADVERTISEMENT FEATURE

‘I released thousands and travelled the world’

lobetrotting is something 75-year-old Carole Anthony has always done. She and her husband, John, travelled far and wide. John Gworked for P&O Cruises and, together, he and Carole took full advantage of the staff discount on offer. It meant that the couple could leave their home to explore the furthest reaches of the world. After John passed away a little more than a decade ago, following a battle with dementia, Carole wanted to make sure she didn’t just get stuck at home. ‘When my husband died, I decided I was going to make a bucket list,’ says Carole, who lives in Clacton-on-Sea. ‘I listed all the things I wanted to do 4-PAGE before I pass away. ‘I always used to be very shy. Then all of SPECIAL a sudden, I found the guts to do the things I always wanted to do. So, I did them. PULLOUT ‘I went to New York last year with my Continued on next page

CASE STUDIES POSED BY MODELS

To order your FREE guide, or arrange We don’t charge a no-obligation consultation, call you any fees for equity release advice 0808or visit keyadvice.co.uk/mail 156 9027

Equity Release will reduce the value of your estate and may a� ect your entitlement to means-tested bene� ts. A lifetime mortgage is a loan secured against your home, like a traditional mortgage. The amount you can release will depend on your personal circumstances.

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YOUR QUESTIONS ON EQUITY RELEASE ANSWERED How safe is Can I take equity But think carefully equity release? release if I have about how much you Advice that’s tailored to Equity release is regulated a mortgage? really need to release. by the Financial Conduct Lots of Key customers Authority, whose primary use equity release to Will I still be able to role is to protect consumers repay an outstanding leave an inheritance and enhance the financial mortgage balance. for my family? market’s integrity. Before You don’t have to be Absolutely. Some of you can release equity mortgage-free when the plans include an from your home, you’ll you apply for equity option to ring-fence a need to speak to an expert release, but it is set percentage of your adviser to make sure it’s a condition of the loan home’s future value you and now it’s free the right thing for you. that you repay existing so that it’s protected ore and more debts secured against and can be passed on people in Britain Will I still own your home. The rest of to your loved ones when are choosing my home? the money can be used your plan ends. Yes. With a lifetime however you wish. to unlock some mortgage, the most What happens to of the equity popular form of Can I move house? the plan when I die? Mtied up in their homes as they equity release, you You can. It’s possible Often your home will reach retirement. Whether will always remain the to transfer your equity be sold when you, or it’s to top up a bucket list owner of your home. release plan to a new both parties in a joint travel budget, fund home home, provided it meets plan, have passed away. improvements, for gifting, Are there monthly your lender’s criteria. The money from the sale repaying existing debts or repayments? is used to repay your With a lifetime mortgage Do I need a solicitor? equity release plan and to provide a cash boost to there are typically no Yes. An independent any money left will go your finances, our homes long-term care. Key Equity Release rates monthly repayments, solicitor will need to be to your estate. are increasingly forming available have never been lower, with some as the loan plus roll-up appointed to handle the part of many people’s financial now less than three per cent. interest is repaid when legal side of the process. Who decides what plans for retirement. Key explained All plans are Equity Release Council (ERC) the plan comes to an end. You can appoint your own my home is worth? “ approved, and come with a no negative You should always think solicitor or, if you wish, we With Key Equity Release, equity guarantee, which means that you’ll carefully before securing can help you. an independent WHAT IS EQUITY everything in never owe more than your home is worth. a loan against your RICS-registered surveyor RELEASE AND HOW Deciding what’s right for you isn’t property: equity release What am I allowed to will assess the value detail. Had a lot something you need to do alone. Key have will reduce the value do with the money? of your home, so that DOES IT WORK? been one of the market leaders for 20 years, of your estate and may The money is tax-free you can be confident The first question people need to answer is and have had conversations with more than affect your entitlement and yours to spend that you are getting whether equity release is right for them. of help all the way one million customers during that time. to means-tested benefits. however you like. an accurate valuation. That’s where Key Equity Release come in. Many of those who decided to take equity They offer personalised advice, and if equity release came to talk to Key because they release is not right for you, they’ll tell you. through. Very were unsure about their options. Key Equity Some of the plans include the option to if that is what’s right for you. The Equity Their advice is completely free of charge. Release advisers will always discuss your protect a fixed percentage of your home’s Release Council insists all customers There are lots of options on how you take professional in options, including downsizing or using other future value so that you can guarantee you’ll receive independent legal advice, which equity release: you can take a tax-free lump forms of lending, because if equity release leave an inheritance to your loved ones, and will give you peace of mind. sum at the outset, or you can take an initial isn’t right for you, they’ll tell you. your adviser can explain how this works. Working with Key Equity Release means lump sum, then withdraw further amounts all aspects from You must have specialist equity release You’ll also never owe more than the having access to a range of market-leading on a drawdown basis, when you need it. advice in order to take out a plan, and their value of your home, no matter how long plans that Key have created from over two The most common type of equity release all staff involved qualified advisers will come to your home you have the equity release plan, because all decades of experience. They also provide is a lifetime mortgage. This is similar to a and take the time to understand your of Key Equity Release’s plans are approved fully qualified expert advice that’s completely regular mortgage, in that it’s a loan secured SANDRA PETERS, TRUSTPILOT circumstances and needs, or, if it’s easier, by the Equity Release Council and include free of charge. Whatever your needs, there against your home. But, unlike a mortgage, they can speak to you on the phone. There a no negative equity guarantee. is a huge amount of flexibility on offer. you don’t have to make monthly repayments. is no pressure to go ahead. Everything will Key Equity Release are fully regulated by Visit keyadvice.co.uk/mail to Typically, the loan plus roll-up interest be explained clearly and without financial the Financial Conduct Authority, meaning request a guide, or to speak to one of is repaid when the plan comes to an jargon. You can even bring your family along advisers have to put your interests first, Key Equity Release’s friendly agents, end, either after death or entry into so that they understand the full process, too. and they will only recommend equity release call 0808 156 9027. Even the call is free.

CONTINUED FROM PREVIOUS PAGE IS EQUITY RELEASE For more information, call 0808 156 9027 or go to keyadvice.co.uk/mail RIGHT FOR YOU? friend,’ Carole says. ‘We ride the horses and the saddles And it worked – I raised £3,000 went at the best time, after are amazing compared to home. for her. It was amazing.’ l If you are aged 55 or over (DML2210) Thanksgiving, when they put It’s like sitting in an armchair!’ When Carole drew up her and own a property worth the Christmas tree up in the She’s ticked off Brazil and bucket list initially, there was only

CASE STUDIES POSED BY MODELS BY POSED STUDIES CASE over £70,000, you could Please send me a FREE Rockefeller Center. South Africa, and Hong Kong one problem. But it was a big qualify for equity release. one. She couldn’t afford to do it guide to equity release ‘I love that building. It gives is on the list for later this year. l you the most amazing view of ‘Then who knows? I’ve always all. That’s where Key came in. There are no affordability YES the city. Another time, we went wanted to go to Japan, so maybe ‘I spoke to one of Key’s checks with equity release, down to New Orleans for the that’s the next place to visit.’ equity release advisers,’ Carole as there are typically no Name & address: carnival. Then on to Memphis Carole’s bucket list has been recalls. ‘He was very nice monthly repayments. and the home of country and more than about travelling. and very interesting. He told l You can apply if you are western, Nashville.’ Since first releasing equity from me all I needed to know, and working or retired, single or But it wasn’t just the USA that her home two and a half years explained everything. married. attracted Carole. Her love for ago, her time has been filled with ‘I’m so glad I took out l You can apply if you have an horses and riding played a big exhilarating experiences here in equity release. Without it, existing mortgage, provided You can also request our guide by part in her next adventure. the UK, too, some for charity. I wouldn’t have been able to the balance is repaid prior to Phone: ‘I’ve not long come back ‘I’ve screeched around a do all these things. completion, which could be calling us FREE on 0808 156 9027 from South America,’ she racetrack in extremely fast cars ‘I would definitely recommend with the proceeds of the loan. By returning this form you are agreeing to receive the guide and subsequent explains. ‘We went to Brazil and I’ve done a tandem skydive equity release. And I would l Talk to a Key Equity Email: communication from Key. We’d like to keep you updated with useful market and and Argentina. for charity,’ Carole says. ‘It was recommend Key. The people product information or offers about planning retirement. Please let us know if Release adviser at a free you do not wish to be contacted by: Email SMS. If you’d like to know how ‘While we were there, we went for a little girl who needed an who came to my home were initial appointment to see Complete the form and return to Freepost KEY ADVICE to a gaucho ranch. You get to operation in the United States. extremely friendly and helpful.’ we use your data see our privacy policy at keyadvice.co.uk/privacy-policy if it’s right for you. Daily Mail, Friday, June 3, 2016 ADVERTISEMENT FEATURE ‘Thanks to equity release, we are living for today!’ or over 50 years, both Robert and his wife were self-employed, Fworking hard at their respective jobs in Nottingham – Robert as a chauffeur and shopkeeper and his wife as a machinist. Neither saved into a pension in all that time; instead they chose to put money aside in the earlier days so that later they could buy their first home. ‘We were fortunate,’ Robert says. ‘We were one of those able to buy our council home through the right-to-buy scheme. Onwards and upwards happened for us – but it meant that all our money was tied up in the house.’ Robert, 73, and his wife, 69, retired several years ago, and rely mainly on the State Pension to cover their living expenses. While that’s been enough for day-to-day expenses, Robert says the pair have already managed to make the retirement already, and that’s been wanted to ‘live for today’ – home improvements they’ve been possible because of equity release.’ WHAT’S NEXT? FIND OUT IF YOU CAN to travel with their family and hoping to do for years. They’ve had They have also enjoyed a cruise make improvements to their home. a new kitchen put in, the windows around the Canary Islands with BENEFIT FROM EQUITY RELEASE... When a cousin mentioned that and flooring replaced, and bought their daughter. ‘We’d never have she had raised money through a new boiler ahead of winter. been able to do to that without If you’re over 55 and Release adviser can come equity release, it set him thinking. ‘We’ve done a lot of the things equity release, and it’s definitely want to find out whether for an initial appointment ‘We called up Key, and they we wanted to do with our been worth it,’ says Robert. equity release could to discuss what you want sent an adviser to see us. He was be right for you, call to achieve and your great – it was such an easy Key Equity Release today personal situation. Visit process, and he explained all the If you have any questions for free. You’ll receive a Keyadvice.co.uk/mail facts and figures. We’ve even free guide that explains to request a guide today, got a guarantee that there will or need more information, equity release in an or to speak to one of be an inheritance left over for us easy-to-understand Key Equity Release’s to leave to our family.’ call 0808 156 9027 or go to way, with no jargon. friendly agents, call The Bakers released £50,000 in A local Key Equity 0808 156 9027 . a lump sum earlier this year, and keyadvice.co.uk/mail

For omeoners In our complete guide to unlocking cash from your home over 55 et your FREE IDE we answer the questions you ask; ow much cash can I release an I leave my family an inheritance to Equity Release What if I still have a mortgage Request your FREE IDE by calling or visiting our website Do I still own my own home an I move house ow am I protected from negative equity What happens if there is a need for longterm care nd much more including real life stories from those who have used equity release Monday0808 to hursday ampm 156 riday am.0pm and 9027 Saturday ampm to boost their retirement income. www.keyadvice.co.uk/mail Remember Equity Release will reduce the value of your estate and may a� ect your entitlement to means tested bene� ts. Also Equity Release may involve a lifetime mortgage which is a loan secured against your home.

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