Equity Release Comparison

If you are considering releasing cash from your property, it is worthwhile to do an equity release comparison to ensure you get the best deal available. Equity release plans offer different interest rates, which will affect the total amount to be paid back to the provider. Features of equity release include:

Releasing tax-free cash from your home
Retaining ownership of your home
The remaining value of your home can be left to heirs
Available to those 55 years and older
The cash can be used for any purpose

The money received from an equity release plan does not have to be paid back until the house is sold upon death, although this will generally include interest that has accrued. Fill in our simple form and an advisor will contact you to offer advice as to whether equity release is suitable for you and if so, to help you to do an equity release comparison and make sure you get the most out of your property.

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.