top of page

Reeves Blogs

Using Your Bricks and Mortar

Updated: Jul 21, 2022

For most people, alongside their pension pot, their home is likely to be their most valuable asset.

Over the years, house prices have risen, despite the occasional dip; the average house price in February 2018 was £225,047, up from £57,726 in April 1990, according to the Land Registry. This has made property one of the surest forms of investment, while, of course, also providing a home.

At Reeves, we don’t just concentrate on pensions, we believe that pensions and property both have their strengths and weaknesses and both should form part of your retirement planning. Our webinars will look at how property can play a part in the phases of the pre and post retirement journey. Please keep an eye in your mailbox and client portal for your invite.

For our growth clients – those who are more than five years from retirement – we want to discuss how you can think about using property as a key part of your retirement plan. Our webinar will discuss maximising borrowing potential to gear wealth while it’s possible and we will also discuss helping to get your children on the property ladder.

Our pre-retirement clients might want to discuss how they can get to be mortgage free before retirement. They might also want to look at downsizing their property to free up cash to invest into their retirement plan. Alternatively, if you see your home as your home for life, we could also consider the use of equity release for your retirement planning.

The webinar for retired clients will address the use of a main residence as a tool to make a retirement plan more affordable. Taking into account individual tax circumstances, we will consider the worth of retaining your mortgage in retirement or utilising lifetime mortgages, such as equity release, to provide extra funds later in retirement. These options could be the deciding factor in achieving the desired quality of lifestyle in retirement or in providing excellent tools for care fees/IHT planning.

Finally, whether you take advantage of these webinars or not, you should certainly ensure you have your annual review of your pension and other financial arrangements. So, if you have not yet booked one, it’s important that you talk to your account manager to set one up.

Not yet a client of Reeves?

The articles are for information only and should not be construed as advice or a recommendation. The investment strategies mentioned are examples only and may not be suitable for your particular: circumstances, tax position or objectives. Please seek independent financial advice before taking any action.

No advice should be conferred from the articles. No action should be taken without independent professional financial advice as any actions on your pension may be irrevocable and have a big impact on your income in retirement.

123 views0 comments

Recent Posts

See All
bottom of page