Money Alive’s Equity Release box set is an engaging, consistent and time saving way to educate clients and prospects who are thinking about releasing equity from their home. The box set looks at the two main types of products, Lifetime Mortgages and Home Reversion and covers important topics including the amounts you can typically raise, eligibility, the advice process, and potential impacts on means tested benefits. The interactive box set also looks at some of the alternatives people might consider and ongoing considerations once equity release is in place.
Chapter Breakdown
Chapter 1 - Releasing equity from your home
What is equity release and some important things you need to think about.
Chapter 2 - The benefits and important considerations
How equity release may help and the importance of good financial planning.
Chapter 3 - Checking State benefits
How financial support from the State might help and how means-tested benefits could be affected.
Chapter 4 - The two main types of equity release products
Lifetime mortgages and Home Reversions Schemes.
Chapter 5 - How much you can raise
The amounts you can typically raise and the costs for you and your estate.
Chapter 6 - The importance of interest rates
Understand how interest rates impact on your overall costs and other expenditures you need to consider.
Chapter 7 - What happens after you’ve taken out equity release?
The impact of changes in house prices, paying your plan off early, and what happens if you move permanently into care or die.
Chapter 8 - Other options
Some alternative ways to boost your income or reduce your costs.
Chapter 9 - Getting advice on equity release
The application process, what to expect, and the value of professional advice.
Total runtime: 30 mins
We look forward to seeing how advisers use this video journey as part of their client engagement and advice processes.
Our impact
Money Alive’s video engagement platform is licensed by advisers and, since launch in 2018, has been used by them to educate their clients with over 300,000 of Money Alive’s highly acclaimed videos. The box sets are interactive and each video produces a record of the client’s engagement and understanding for the adviser.
In a recent survey of over 9,000 people who had viewed a Money Alive box set, 97.8% said they valued their adviser giving them access to Money Alive and 93.9% said they were better informed ahead of their advice meeting.
