Norwich Union Equity Release
How to Get The BEST Norwich Union Equity Release Deal
If you’re aged 55 or older and need a cash boost, the Norwich Union equity release plan can offer you an equity release scheme designed to help you achieve your goals.
Norwich Union Equity Release Review
I think you’ll agree with me when I say:
It’s REALLY hard to choose the best equity release provider with all the choices available.
Or is it?
Is Norwich Union equity release the best?
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Who Are Norwich Union?
Norwich Union was the name of insurance company Aviva’s British arm before June 2009. It was originally established in 1797. It was listed on the London Stock Exchange1 and was once a constituent of the FTSE 100 Index.
In 1998, Commercial Union and General Accident merged to form CGU. In 2000, CGU then merged with Norwich Union to become CGNU, later rebranded as Aviva. Today, the firm is popularly known as Aviva plc.
Norwich Union Equity Release Scheme FAQ's
Norwich Union are not members of the Equity Release Council.
Learn More: Who Are the Equity Release Council?
Norwich Union equity release is a means of retaining use of a house or other object which has capital value, while also obtaining a lump sum or a steady stream of income, using the value of the house.
The ‘catch’ is that the equity provider must be repaid at a later stage, usually when the homeowner dies.
The most obvious pitfall is that the equity provider must be repaid at a later stage, usually when the homeowner dies.
Also, one needs to keep in mind that there will be rolled up interest and that your equity release will have an impact on your inheritance.
Learn More: What Are the Pitfalls
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What People Say
PS – If you’re anything like us, you skipped to the end anyway.
So here’s the scoop – our intention is to help you by finding the best equity release provider so that you can spend the money on something that you really want to, rather than on a high tax bill.⚠️(Spoiler**) Most send us a personal thank you because we do such an incredible job – you’ve been warned. ⚠️