A step-by-step guide to releasing equity
Step 1 - Do you qualify for equity release?
- The youngest homeowner is aged 55 years or more
- My property is worth £50,000 or more
- The funds I release will clear any outstanding debts secured on my home
Step 2 - Is equity release the right option for you?
The easiest way to find out is by speaking to a specialist independent equity release advisor. At Age Partnership, we will tell you more about releasing equity from your property and whether it is suitable for your circumstances.
Call Freephone 08080 555 222 today for a free, no-obligation quote. Our qualified advisors will research the whole market to find a plan that best suits your requirements and help you make an informed decision. We always recommend you discuss your plans for equity release with your family.
Step 3 - Complete the paperwork
If you choose to proceed with releasing the equity from your property, an application form is completed for your chosen plan and a suitably qualified valuer is instructed by the plan provider to ascertain the value of your property and ensure it meets their criteria. An offer is made and your solicitors are instructed to start work.
Step 4 - Receive your cash
Approximately 6 to 8 weeks after applying for equity release, you will receive your funds from your solicitor to enjoy in any way you wish.
Call us today on freephone 08080 555 222 or use our equity release calculator to find out how much equity you could release.