Unlock CASH
from your home
If you are a homeowner aged 55 or over and are looking to boost your disposable income, your home could help. By releasing some of the Tax-free cash from your home you could…
Unlock CASH
from your home
If you are a homeowner aged 55 or over and are looking to boost your disposable income, your home could help. By releasing some of the Tax-free cash from your home you could…
PAY OFF EXISTING MORTGAGE
CLEAR EXISTING CREDIT CARDS
GIFT MONEY TO CHILDREN
HELP CHILDREN GET ON TO THE PROPERTY LADDER
MAKE HOME AND GARDEN IMPROVEMENTS
REPLACE THE CAR
GO ON HOLIDAYS
Stay in your home.
Release the equity.
For those looking for cash in retirement, sometimes downsizing can seem like the only solution.
Did you know you could release some of the equity from your home whilst staying put?
A lifetime mortgage is the most popular form of equity release and allows homeowners aged 55 and over
to access some of the equity locked in the value of their home.
There are typically no monthly repayments to make, as the loan plus roll-up interest is repaid when the plan comes to an end.
Frequently asked questions
Who can take out a lifetime mortgage?
If you are a homeowner aged 55 or over and own property worth at least £70,000, you could be eligible for a lifetime mortgage. You could release some of your home’s value as a tax-free lump sum.
Do I still own my own home?
Yes. With a lifetime mortgage, you will always own your home. You will also never owe more than your home is worth with plans that meet Equity Release Council standards.
Can we still leave our children an inheritance?
Yes, you can. Some plans guarantee that a set percentage of your home’s value, at the time your plan ends, will form part of your estate for you to pass on to others in your will.
What else should I consider?
You should think carefully before securing a loan against your home. Equity release will reduce the value of your estate and may affect your entitlement to means-tested benefits. Taking out an equity release plan is a big step, so we always encourage you to discuss plans with your family. A lifetime mortgage is the most popular form of equity release plan and is a loan secured against your home.
Search the whole of the market
Recommend competitive plans
Only recommend plans meeting Equity Release Council standards
If it’s not right for you, they’ll tell you
Important information
Equity release may involve a lifetime mortgage, which is a loan secured against your home. It will reduce the value of your estate and may affect your entitlement to means-tested benefits. You should think carefully before securing a loan against your home.
Stay in your home.
Release the equity.
For those looking for cash in retirement, sometimes downsizing can seem like the only solution.
Did you know you could release some of the equity from your home whilst staying put?
Specialist advisers
Whole of market
Independent advice
Speak to a specialist
To find out more or arrange a FREE, no-obligation consultation, contact us today.
07981 442 109