Win £100 M&S Vouchers

Complete your calculation to be in with a chance. Winners will be notified by telephone. Terms and Conditions

The following terms and conditions apply:

Five winners will be drawn every calendar month and will receive a £100 M&S voucher.

Prize draw is open to anyone who completes the online calculator with a valid telephone number. Winners will be notified by telephone.

Entry to the prize draw is free. No purchase necessary.

Only one entry per household is allowed.

Prize is non-transferable. No cash alternative will be offered.

The prize may change at any time.

Winners of the prize draw will be selected at random. Judge's decision is final. No correspondence will be entered into.

The names of the winners will be made available to anyone by emailing marketing@whichequityrelease.co.uk.

Key Features

Income drawdown is a flexible form of equity release which allows homeowners to make greater savings. Scheme holders take a smaller cash lump initially, but you are able to control how and when you receive money.

The flexibility income drawdown offers makes the scheme a popular option. Additionally, in April 2015 flex-access income drawdown became available for the first time, making the scheme the most flexible available to pensioners and one which can provide you with fantastic options in your retirement.

Things to Consider

Income drawdown is a flexible scheme through which you have control over your savings and can make amendments to the income you receive. You will receive a cash reserve facility where you can make withdrawals as and when required.

Potentially, you could save thousands of pounds compared to other forms of equity release as schemes typically have lower interest rates. Ultimately, you have to decide the amount from your pension you want to move to drawdown. Your entire pension can be converted all at once, or smaller segments can be released.

Use our free calculator to find an income drawdown plan which suits you. We will put help you get in touch with an expert IFA for a no obligation opening consultation.

The Benefits of Equity Release

  • Claim a tax-free cash lump sum to support you through retirement and make your life all the more enjoyable.

  • Maintain 100% home ownership - you will be able to live in your home for the rest of your life.

  • No monthly repayments - lenders require no monthly payments towards the interest charged.

  • Take a no negative equity scheme and you will never end up owing more than the value of your property.

  • Spend your money on anything you like! Go on holiday, upgrade your home, pay university fees, or provide an early inheritance.