Equity Release Benefits

Equity release works by allowing you to borrow against the value of your home giving you a lump sum to spend however you want. There are no repayments until after your death when the property is sold to cover the loan and any interest that has accrued. Equity release benefits have increased following a boom in property prices and now many homeowners are realising the potential tax free equity tied up in their homes. Equity release benefits include:

Unlocking equity from your property
Improve retirement income to enable you to live more comfortably
Allowing you to retain ownership of your home

Equity release benefits the over 55s and who own their own home. Simply fill in our form and an advisor will contact you to talk through all your options and the equity release benefits that could make a real difference to your retirement.

Lifetime mortgages as from October 2004 are regulated by the Financial Services Authority. A lifetime mortgage is a loan secured on your home. The loan and interest are normally repaid from the proceeds of the sale of your home when you die or move into long term care. With a home reversion plan you sell all or part of your home for cash. However you do not get the full market return for doing so.

The above equity release mortgage detail is for information purposes only as does not constitute financial advice under the Financial Services and Markets Act 2000. When considering any type of equity release product, it is important that you seek independent legal advice.

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.