Equity release

The Saga Equity Release Plan – with no upfront fees*

The Saga Equity Release Plan is one of the products available through the Saga Equity Release Advice Service. It is a lifetime mortgage provided by Just Retirement Limited and has been carefully designed with Saga customers in mind. It allows you to release tax-free cash, which you can take as a lump sum or in smaller amounts as and when you need it. The Saga Equity Release Plan is only available through the Saga Equity Release Advice Service, so you won't be able to take advantage of the benefits unique to the Saga Equity Release Plan through any other advice service.

*No upfront fees apply to standard cases; £425 will be paid to your solicitor on completion and should cover the cost of most standard applications. You will be responsible for paying any additional fees over and above this amount.

How could you benefit from the Saga Equity Release Plan?

• You will pay no application fee
• You will pay no valuation fee
• £425 will be paid towards your legal fees, meaning you are likely to pay £0 towards them yourself *
• Release up to 45% of the value of your home tax-free for you to spend as you choose.

 
The Saga Equity Release Plan is available to homeowners aged 60 or over. If it is not suitable for you, your adviser may recommend another plan more appropriate to your needs which may include application, valuation and legal fees.

This is a lifetime mortgage. To understand the features and risks, you should ask for a personalised illustration.