Protect your family and your lifestyle in case of the unexpected


Looking to move home or reduce your current mortgage outlay?

Retirement Planning

We can help you plan by ensuring you have the best pension scheme possible now and at retirement


With so many choices, leave it to us to help make your money work harder for you.


We can support your business development plans with advice on growth, restructure and commercial lending

Your home may be repossessed if you do not keep up repayments on your mortgage

The value of pensions and investments and the income they produce can fall as well as rise. You may get back less than you invested.

Equity Release

paper family in front of moneyFor most people their house is their biggest asset.

If you're facing a pension shortfall, need to meet an unexpected expense or want to fund a retirement treat, equity release may be an option.

It allows you to tap into the wealth you've accumulated in your property without the hassle of having to move. 

Our specialist equity release adviser will explain in detail all of your options and the products available to you.  

Who is a typical equity release customer? 

While interest in the equity release sector continues to grow, there are many factors that consumers should consider before taking out a plan.

If you’re looking to take cash from the value of your home then equity release could be an option, but there are drawbacks which need to be considered. Customers must be over a certain age, be willing to take out a plan for life and fully understand the impact equity release will have on their finances.

Telegraph Money recently rounded up some of the key characteristics of an equity release customer:

Over-55s only

Equity providers have a minimum age for customers. Usually this is 55 and over, but in some circumstances this could be higher. If you’re younger than 55 then it’s highly unlikely that equity release would be appropriate, given the long-term nature of the agreement.

Have a good understanding of your health

Think about whether you are in good health before taking out a plan. If you are relatively young and healthy then it may not be cost effective to release equity now.

Due to the “rolled up” compounded interest, the interest charges grow sharply once you have taken out the plan. The longer you hold the mortgage, the more of the value of your home that will be whittled away.

Are willing to think long term

Equity release is a lifetime commitment and your plan will only end when you die or move into long term care. This means it is important to understand the overall costs, and what restrictions you will face after signing up.

While some providers will let you move home and “port” your loan to another property, that is not always the case. There may also be costs involved if you wish to move home, or redeem the mortgage entirely. You may also face restrictions on what works can be carried out to the property, such as extensions.

Have discussed with your family

While there is no legal obligation to do so, your equity release adviser should make ensure you have talked your decision through with your friends and family.

Taking out an equity release plan has major implications for family members who may be relying on inheritance in the future, as it will reduce the value of your estate.

Are not reliant on state benefits

Releasing equity from your home could impact your entitlement to state benefits. This is because this extra cash will affect means-tested benefits such as pensions credit and council tax support.

Taking cash from your home could reduce the level of welfare payments you receive in retirement.

Our specialist equity release adviser will explain in detail all of your options and the equity release products available to you.  Making sure you make the right choices for you and your family.

Read more ...


Source:  Adam Williams, 2nd October 2018, © Telegraph Media Group Limited 2018.

It was so nice to find someone who was happy to listen to all of my questions and concerns before we agreed on a plan of action.

Christine, Swansea

I had the best possible products tailored for me. I appreciate how much time you have saved me.

Karen, London

My mortgage needs were not simple to deal with, but Dan’s knowledge and experience really shone through. He was professional in his dealings with me and explained everything to me in a clear and concise way, ensuring I fully understood the mortgage product I purchased.

P Davies,September 2019

Dan cut through the jargon and was always there to respond to my questions; his work has helped my dream of buying a house come true.

S & K Jones, Swansea

We were really impressed with the speed with which you processed the mortgage and the great rate of interest!

Dani & Geoff, Stratford upon Avon

My critical illness policy covers everything I need and took into account my lifestyle and income - thank you!.

Teresa, Llanelli

Thank you for the excellent service and advice given, you made my journey hassle free and tax efficient, and now very profitable

Steve Allan, March 2018

Thank you for putting together an investment portfolio of cash, stocks, shares and property.

Geff, Newport

Thank you so much for obtaining our mortgage, for persevering for so long and not giving up on us. We will be eternally grateful that we can finally live in the family home again.

Rebecca and Darren, Swansea 2017

Daniel went above and beyond to help us with our first mortgage. He explained the mortgage, its rates and terms very clearly, he was extremely patient and professional, we would highly recommend him.

Fi Davies, August 2018

It was so nice to find someone who was happy to listen to all of my questions and concerns before we agreed on a plan of action.

Christine, Swansea

Get all of your questions answered by our experts - call us or complete our online enquiry form to arrange your meeting. The first meeting is at our expense and without any obligation

Get In Touch
Financial worker
Don't walk a financial tightrope with your finances, trust Cosgrove Brown
Contact Cosgrove Brown