Over 60 Equity Release

Over 60 Equity Release

Looking to raise tax free cash without moving home?

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Equity Release

Unlock Cash In Your Home

Equity Release Service

  • Borrowing options from age 55 to 99
  • Independent advice on your mortgage options
  • Interest only options
  • Top UK lenders compared
  • One short form to complete

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Over 60 Equity Release

If you want to boost your retirement income and you’re over 60, equity release is one option you could consider.

It unlocks cash from your home by allowing you to borrow against its value. The lender does not get repaid until the house is sold upon death at which point the amount borrowed plus accrued interest is repaid.

The money can be used for any purpose you choose, such as home improvements, a holiday, or just for making life more comfortable. Other features of over 60 equity release include:

  • The cash released from your home is tax-free
  • You retain ownership of your home
  • It is usually available to those aged 55 and older
  • Your heirs can inherit the remaining value of the property

Because no money is repaid until the house is sold, there are no monthly repayments.

If you’re over 60, equity release could be for you but there are other options available to you in order to boost your income.

We work with independent equity release specialist Key Advice who provide:

Equity Release Service

  • Borrowing options from age 55 to 99
  • Independent advice on your mortgage options
  • Interest only options
  • Top UK lenders compared
  • One short form to complete

Equity Release Quotes Service »

 

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. Equity release may affect your entitlement to state benefits and will reduce the value of your estate. It may involve a lifetime mortgage or home reversion plan. All content set out in this website is provided for information only and should not be considered as advice. It is strongly recommended that you seek advice of a qualified, independent financial advisor before making any decisions to take out an equity release product.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE