If you are currently receiving means-tested benefits such as Pension Credit or Council Tax Support, it's important to be aware that your eligibility may be impacted when you opt for an equity release plan.
However, determining how equity release may affect your benefit entitlement isn't always straightforward. The outcome depends entirely on your unique circumstances and the specific equity release scheme you choose.
Your local Paxton Equity Release adviser can provide valuable assistance on two fronts. First, they can offer an indicative benefits analysis to help you understand and potentially secure any entitlement you may be eligible for. Second, they can ensure that your benefit entitlement remains unaffected when you decide to proceed with an equity release plan.
