Equity release is a way of using your home to generate income without having to sell or downsizing.
Please see below criteria;
- Homeowners needs to be over the age of 55
- Have a property worth at least £70,000
You will retain the full ownership of your home. No requirements to make monthly payments.
You can take money as a lump sum or a series of lump sums. This can be used to for a variety of purposes from repaying an existing mortgage to helping loved ones.
Contact us for an honest answer to whether this is the right course of action for your personal circumstances.
An equity release product will reduce the value of your estate, will not be suitable for everyone and may affect your entitlement to state benefits. To understand the features and risks please ask for a personalised illustration.
Maximum fee for Equity Release £1,995.00.