Quick Links

Halifax Equity Release

Recent house price increases mean that your most valuable asset is likely to be your home, so if you need extra cash, it is worth thinking about a Halifax equity release mortgage. A Halifax equity release mortgage allows you to release some of the capital tied up in your home, which you can then spend how you wish. Benefits of a Halifax equity release mortgage include:

Unlock equity from your property without having to move
Use the tax free capital for any purpose e.g. home improvements, a new car or to make retirement more financially comfortable
Can apply whether you are an existing customer or not

But remember, although a Halifax equity release mortgage will allow you to loosen up the cash in your home, the fact that no repayments are made and all interest is rolled up will mean that you are paying more for your mortgage in the long run.

Equity release is not for everyone, but if you are property rich but cash poor, it could be the right option for you – fill in our simple form and a specialist will be in touch.

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.