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If you are worried about how you will fund your retirement you may be interested in a roll-up mortgage.
A type of equity release, the roll-up mortgage allows you to unlock some of the value in your home in the form of a loan from an equity release company.
With a roll-up mortgage you could:
- Receive the loan as a cash lump sum or a regular income
- Pay no interest until your home is sold (after you die or have to permanently go into residential care)
However, it is important to remember that the interest will add up with a roll-up mortgage, which is why you are unlikely to be loaned a large percentage of your home’s value.
Our equity release service can help you find out everything you need to know about a roll-up mortgage, all it takes is a few minutes to fill in one form and we will put you in touch with an equity release expert who will compare competitive roll-up mortgages and offer quotes and advice.