Equity Release
An Introduction to Equity Release
What is Equity Release?
The value of your home, less any mortgage is known as ‘equity’. Equity Release is the name given to a range of financial products that convert a proportion of that equity into cash for your own use. Equity release is typically used by older homeowners who have significant equity in their property but limited income or savings.
We offer a free initial equity release consultation with a fully qualified specialist adviser.
Equity Release Plans usually have the following
Common Factors
Age
Equity Release has a minimum of age of 55.
Tax-free
You will receive a guaranteed tax-free cash sum income for life.
Live At Home
You can continue to live in your current home for as long as you wish to.
Repayments
There are no required repayments until your home is sold. This is normally after death or entering long term care.
Interest
You have the choice to make interest payments to avoid interest rolling up and your debt increasing.
Property
You can transfer some equity release plans to a new property, giving you the option to move to a more suitable home in the future.
Free, No-obligation advice
Unlock your home's equity today
Whether you're looking to make home improvements, pay off debt, or simply enjoy your retirement to the fullest, equity release can help. Our team are here to guide you through the process and help you make the best decisions for your unique situation. Fill out our form today to get started.