Saga Equity Release

House prices in the UK have more than tripled in the past 15 years, so if you need extra cash, where better to start than the capital tied up in your home? The Saga equity release service can help you do that. Equity release is not for everyone, and you need to keep in mind that releasing equity from your home means you will pay more for your mortgage in the long term, but if you are ‘property rich but cash poor’, the Saga equity release service could be the answer to your problems:

Release the equity tied up in your home
Get tax free cash
Use the money for any purpose – home improvements, a new car or simply to boost your retirement income

The Saga Equity Release service is one of many equity release services on the market. If you are not sure which one to go for, if equity release is even for you, or simply need more information about equity release, fill in our 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.