Northern Rock Equity Release

With a Northern Rock equity release mortgage, you can choose to protect a proportion of the equity in your property, which would then remain as a guaranteed inheritance, no matter how much is owed when the mortgage is eventually repaid. Other benefits of the Northern Rock equity release deal include:

Release equity currently locked into your property
Boost your retirement income – available for those aged 55 or over
Tax free cash for any purpose
No monthly repayments – the loan and accrued interest will be repaid with the proceeds from the property’s sale

And with Northern Rock equity release mortgage, like any equity release product, you retain ownership of your home. We work with specialist equity release brokers who can compare a range of equity release products, including Northern Rock equity release mortgages, to find the best one for you. Just fill in the form and you will be contacted by an advisor who will be able to help you ascertain whether equity release is for you and if so, find the best equity release deals.

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.