Does my asset look big in this?
Equity Release is designed to help you live a better life
If you’re over 55 you could release up to 60% of your equity as tax-free cash, stay in your home forever and not pay any monthly repayments.
Equity Release provides so many great opportunities it’s important you speak with one of our professional advisors to make sure you get the most out of this fantastic product. We can see you at one of our offices or in the comfort of your own home.
Book your FREE consultation today so we can help you live a better life!
It takes less than 60 seconds…
Due to some negativity surrounding the original Equity Release product called ‘Home Reversion’, which we don’t actively promote, many people are missing out on a fantastic product. Equity Release as a ‘Lifetime Mortgage’ is regulated by the Financial Conduct Authority and is purely designed to help over 55s access their hard-earned equity whilst still enjoying and protecting their home.
With a ‘Lifetime Mortgage’ your lender doesn’t own your home, they are simply owed the money you borrowed plus some interest; just like a normal mortgage. You can either pay the interest off monthly or your lender will happily retrieve it, along wih the loan, once you’re gone and the house is sold.
How does it work?
You can usually release up to 60% of the equity in your property either as a lump sum or as monthly income. You’ll be able to stay in your home forever or you can move the deal elsewhere; you can even use equity release to purchase a more expensive property.
There are no monthly repayments as the interest from the loan ‘rolls up’, meaning it gets added on to the loan. You can choose to pay it off if you wish; if not the lender will recoup the interest along with the initial loan once you’re gone and the house is sold.
You’ll never be in negative equity.
In fact, although it can’t be guaranteed, providing your property increases in value at around the same rate as your loan interest rate, it’s possible to retain your remaining equity share to pass on to loved ones. But no matter what happens, you’ll never be in negative equity
Aside from releasing money to enjoy life, there are plenty of other reasons you may want to release equity from your home, here are some of the most common.
Help your children.
Giving our children a leg up in life is something most parents dream of. Passing on some inheritance to your children whilst you’re still alive can be hugely rewarding because you get to see them enjoy it!
With Equity Release, you can release a lump sum for your children to use as a deposit on their first home, buy a new car, fund their perfect wedding, or enhance their careers through further education.
Pay off debts and mortgage.
Having debts and mortgages in later life cause financial and emotional stress. This should be your time to relax and enjoy life without worrying about seemingly endless monthly repayments. If you’re a prisoner to debt, Equity Release could set you free.
You can use equity from your home to pay off debts or a mortgage so you can spend your money on the things you love!
Buy a second property.
Many of our customers release equity to buy a second property, usually a holiday home or a Buy To Let; this can be a great move. You can use the rental income to pay off the interest, meaning you retain the remaining equity share in your home. There’s usually some rental income left over to top-up your pension, and you now own an investment property to pass on to your loved ones.
Alternatively, if you would rather buy a second property and not rent it out, then you can let the interest from your equity release roll up into the loan, and your lender will only receive it after you’ve passed away and your house is sold.
Move house.
Another option is to use Equity Release to move house, even to a more expensive property. This is common for people who would like to move to a more affluent area, often to be nearer to their loved ones. If you’re hoping to move to a new house but you’re restricted by a lack of funds then Equity Release could be used to make up any shortfall
We love helping over 55s with this product as it can be truly life-changing. Using Equity Release as a ‘Lifetime Mortgage’ provides so many great opportunities that we’re almost certain you’ll be able to use it to your advantage. Once you fully understand how a ‘Lifetime Mortgage’ works, as opposed to the old ‘Home Reversion’ product, any scepticism should be replaced by genuine excitement.
Our Equity Release experts will explain exactly how it works and what the implications will be for your situation; then talk through all the fantastic possibilities available to you. When it comes to applying for your ‘Lifetime Mortgage’ we’ll find you the best product from a wide variety of lenders and handle the whole process for you; so you can relax and look forward to a better future.
We’ve been helping people like you for 30 years and have a track record of thousands of happy customers. If that’s not proof we know what we’re doing then what is?!
We are renowned for our personal service, your expert mortgage advisor will be on-hand to answer all your questions and guide you through the whole process.
As impartial mortgage advisors, we have access to the full range of products and have extensive knowledge of each lender’s criteria.
We’re proud to have been voted Best Mortgage Broker in the South East! Awarded by the HLP Mortgage Network.
We can come to your home or you can come into one of our offices at a time that suits you. Open all week and Saturday morning.
Your initial no-obligation consultation is completely free so you’ve got nothing to lose.
We’re so confident we’ll find you the right deal that all fees will be refunded if you’re not successful.
If you’re self-employed we can still find you a great mortgage. In fact no matter what your circumstances we should be able to help you.
We can come to you!
Book your FREE consultation either in one of our offices or in the comfort of your own home.
What do we charge?
Your no-obligation consultation is completely free!
If we can find you a great equity release product, and you’re happy to proceed, then we typically charge £1495.00. This is only payable on completion though for your peace of mind.
Your advisor will explain our fee during your free consultation so you can make an informed decision.
how it works
It’s as simple as ABC…
But it’s not ABC.
Spend seconds filling out a few questions online or give us a call to book your FREE consultation.
We'll find you the right deal, handle your application, and guide you through the whole process.
This one’s self-explanatory, just sit back and enjoy the fruits of your new mortgage!
