Hoskin Later Life Planning
A Secure Path to Financial Comfort
How much money can you release
Welcome to Hoskin Later Life Planning
Your dedicated partner on the path to financial comfort!
More than just mortgages and equity release, we’re here to transform your dreams into reality. Envision us as your trusted financial advisers, specialising in assisting individuals aged 55 and beyond in maximizing the potential of their homes.
Whether you’re looking to boost your retirement fund, enhance your living space, or navigate the later years worry-free, consider us your reliable support system.
At Hoskin Later Life Planning, our team is committed to providing clear advice, transparent dealings, and keeping your needs at the forefront of everything we do.
Let’s embark on this collaborative journey, where your home isn’t just a house but a key to a brighter, more comfortable future.
Are you looking for a way to:
Pay off debts or existing mortgage?
Use the funds to pay off existing debts or loans, consolidating financial liabilities and simplifying the overall financial landscape for a more stress-free future.
Fund home improvements?
From modernising interiors to expanding family areas, use the released funds to create a personalised sanctuary that complements your lifestyle and preferences.
Pay for healthcare expenses?
Address healthcare needs, including medical treatments, long-term care, or other health-related expenses, ensuring access to quality healthcare without compromising financial well-being.
Help family onto property ladder?
Provide financial assistance or gifts to family members, contributing to their well-being, education, or home purchases, creating a positive impact across generations.
New car or once-in-a-lifetime holiday?
Unlock the versatility of equity release for diverse aspirations .Cruise the open road in a new car, embracing the latest in comfort and technology, or embark on a once-in-a-lifetime holiday adventure.
Plan for inheritance tax?
Allocate funds for estate planning purposes, ensuring a smooth transfer of assets to beneficiaries and effectively managing the financial aspects of legacy and inheritance planning.
Unlocking Financial Freedom with Lifetime Mortgages
What is a Lifetime Mortgage?
How Does it Work?
Key Features of Lifetime Mortgages:
- No Monthly Repayments: One of the significant advantages is that there are typically no monthly repayments. The loan and accrued interest are settled when your property is sold.
- Ownership Retained: You retain full ownership of your home, giving you the peace of mind that you can continue living in it as your primary residence.
- Tax-Free Lump Sum: The released funds are tax-free, providing a lump sum that can be used for various purposes such as home improvements, debt consolidation, or enhancing your lifestyle.
- No Negative Equity Guarantee: Our Lifetime Mortgages come with a no negative equity guarantee, providing assurance that you or your estate will never owe more than the value of your home, even if the property value decreases.
- Portable with Downsizing Protection: Enjoy the flexibility of portability with our Lifetime Mortgages. You can move house without losing the benefits of your plan, and with downsizing protection, you can apply your plan to a smaller property if needed.
- Inheritance Protection: We understand the importance of legacy. Our Lifetime Mortgages include inheritance protection, allowing you to ring-fence a portion of your home's value to pass on to your loved ones.
- Move House or Downsize: Whether you're looking to relocate or downsize, our Lifetime Mortgages offer the freedom to move. Take your plan with you and adapt it to your changing lifestyle.
- Set Interest Repayments to a Level You Can Afford: Tailor your Lifetime Mortgage to fit your budget by setting interest repayments at a level that suits your financial circumstances. Enjoy peace of mind and financial flexibility.
- Pay Off After Year 4 Without a Penalty: Some of our plans offer the flexibility to pay off the mortgage after the fourth year without incurring any penalty. This feature provides you with the option to settle the loan earlier if your circumstances change.
Why Consider a Lifetime Mortgage?
- Financial Freedom: Unlock the wealth tied up in your home to fund your retirement dreams, whether it's traveling, home renovations, or supporting your loved ones.
- Flexibility: Choose from various lifetime mortgage plans, each tailored to your specific needs, offering flexibility in how you access and use the released funds.
- Security: With careful planning, a lifetime mortgage can provide a secure financial foundation, allowing you to enjoy your retirement years with confidence.
Why Choose Hoskin Later Life Planning for Lifetime Mortgages?
- Expert Guidance: Our team of financial experts specializes in Lifetime Mortgages, providing personalized guidance and expert advice to meet your unique needs.
- Transparent Processes: We believe in transparency, ensuring that you fully understand the terms and benefits of Lifetime Mortgages before making any decisions.
- Customer-Centric Approach: Your financial well-being is our priority. Experience a level of service that puts you at the center of the conversation, addressing your concerns and aspirations.
What is a Retirement Interest Only (RIO) Mortgage?
Key Features of RIO Mortgages:
- Interest-Only Payments: RIO mortgages involve paying only the interest each month, providing budget-friendly options for retirees.
- Retained Owneship: Enjoy the security of staying in your home while benefiting from the equity released through the interest-only payments.
- Flexibility: RIO mortgages offer the flexibility to use the released funds for various purposes, from supplementing your retirement income to funding home improvements.
Why Choose Hoskin Later Life Planning for RIO Mortgages?
- Expert Guidance: Our team of financial experts specializes in RIO mortgages, ensuring you receive expert advice tailored to your unique situation.
- Transparent Processes: We believe in transparency, explaining the terms and benefits of RIO mortgages clearly so you can make informed decisions.
- Customer-Centric Approach: Your financial well-being is our priority. Experience personalized service that aligns with your retirement goals.
