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Government support to help you keep your home warm this winter

As the temperatures start to go down and the energy bills go up, you might feel like you can’t afford to put the heating on.

If that’s you, there is support available for people claiming benefits or who have reached a certain age. Don’t miss out on the support that’s there for you. Read on for the different ways you can get support from the government to heat your home this winter.

The different types of government support available this winter

There are three schemes available to help you keep the heating on this winter:

  • Winter Fuel Payment
  • Warn Home Discount Scheme
  • Cold Weather Payment

There's also a fourth scheme, the Affordable Warm Scheme, which is exclusive to Northern Ireland and designed to help you prepare your home for cold weather.

If you’ve explored all of these options, you don’t want to take on extra monthly commitments or deplete your savings, and you’re a homeowner over the age of 55, you might want to explore equity release as a means of accessing funds to heat your home, or to make your home more energy efficient in the long run.

Equity release can provide a practical solution for financing by unlocking the value tied up in your property. By accessing the equity in your home, you can secure a lump sum or regular income that can be used to cover the cost of home improvements. This allows you to enjoy your home without depleting your savings or affecting your day-to-day finances.

Curious to see if equity release could be an option for you?

SPEAK TO AN ADVISER

This is a lifetime mortgage. To understand the features and risks, ask for a personalised illustration. Check that this mortgage will meet your needs if you want to move or sell your home or you want your family to inherit it. If you are in any doubt, seek independent advice. A fee may be charged for mortgage advice. The exact amount will depend on your circumstances.

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Fairview Financial Ltd is an appointed representative of The Right Mortgage Limited, which is authorised and regulated by the Financial Conduct Authority. Fairview Financial Ltd is registered in England and Wales no: 10912424. Registered office: 107 Promenade, Cheltenham, GL50 1NW.

The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.

@ 2020 by Fairview Financial

Our Fees        

A fee may be charged for mortgage advice. The exact amount will depend on your circumstances.

Our standard fee for mortgages is £395 and this is paid when the mortgage is offered. We charge a fee of £295 First-Time Buyers. Other fees may apply depending on the complexity of the work involved or loan amount. The maximum fee we can charge is £795.

Our standard fee for Equity Release is £895 and this is paid on completion.

We also receive a commission from the lender that will vary depending on the lender, product or other permissible factors. The nature of any commission model will be confirmed to you before you proceed. If we receive a commission, this will not affect the cost payable by you.

THINK CAREFULLY ABOUT SECURING OTHER DEBTS AGAINST YOUR HOME.

YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBTS SECURED ON IT.

BUY TO LET MORTGAGES ARE NOT REGULATED BY THE FINANCIAL CONDUCT AUTHORITY.

EQUITY RELEASE: THIS IS A LIFETIME MORTGAGE. TO UNDERSTAND THE FEATURES AND RISKS, PLEASE ASK FOR A PERSONALISED ILLUSTRATION. CHECK THAT THIS MORTGAGE WILL MEET YOUR NEEDS IF YOU WANT TO MOVE OR SELL YOUR HOME OR YOU WANT YOUR FAMILY TO INHERIT IT. IF YOU ARE IN ANY DOUBT, SEEK INDEPENDENT ADVICE.


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