Property Equity Release

If retirement is proving difficult because your income does not stretch very far or you just want to be able afford a holiday, new car or make some home improvements, you could consider property equity release. This releases cash locked up in your home which you can use for the purpose of your choice. Other features of property equity release are:

The money is tax-free
There are no monthly repayments – the money, plus accrued interest, is paid back from the sale of the house upon your death
The remaining value of the property goes to your heirs
It is available to those aged 55 or older

Equity release can make your life more comfortable or enable you to offer financial help to your family. There are other options available in order to boost your income is retirement and to find out more about property equity release and to get free advice, fill out our simple form and an advisor will contact you.

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.