Omnium Wealth Management

CASE STUDY: Raising money from your home using equity release

Equity release schemes enable older homeowners to tap into the value of their property without the need to sell up and move out.

Our client, Mrs W, based in London, had reached the decision that she was not going to downsize in the future and wanted to release equity from the house for her three children and, ultimately, her seven grandchildren.

Omnium Wealth Management were receommended to Mrs W by her daughter, and she contacted us to seek advice. As part of the thorough process required to ensure all parties are aware of the decisions being made, our Financial Planner and equity release expert, Denis Kavanagh, held two meetings with Mrs W, and her family, as well as several telephone conversations and email exchanges.

Mrs W says, “It was thorough and unrushed, and we felt comfortable with the process. Denis confirmed the product we needed and searched for the best deals in the market, answered all questions and guided us through completion of paperwork.”

In making a decision, they chose only to look at top rated institutions and then for best interest rates offered for the amount required. Ultimately, the Equity Release product from Legal and General was selected.

 

“I have given my children (and grandchildren) money today that they can invest for their future.  I would recommend Omnium Wealth Management because the process was efficiently and sensitively handled.”

Mrs W, London, Omnium Wealth equity release client.

 

Anyone considering equity release should seek professional advice from a qualified, independent source to ensure that equity release is the right option to suit their requirements and, if it is, to ensure the solution chosen best fits their circumstances.

Get in touch

We’d be happy to help - give us a call on 01483 205890 to discuss your potential options for equity release.

Interested in finding out more?

Read our blog: Equity Release: considerations when raising money on your own home and download our guide to equity release

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