You may be wondering, what is equity release? Or how does equity release work? Your “equity” is the difference between the value of your home and any mortgage you might owe.
By releasing a portion of the equity, you’ll have money to spend achieving your goals – from home improvements to giving your family a helping hand – and you won’t have to move from the home you love.
Do you qualify? Do you own your own home and is the youngest homeowner aged 55+? If ‘yes’, you are likely to qualify, even if you have a standard mortgage or loan secured against your property. However, you will have to pay this off with the money you receive from your equity release plan.
Is equity release the right option for you? To find out, get in touch with us for specialist advice. We’re happy to talk you through the many plans available and recommend the best plan for your circumstances with a free, no-obligation equity release quote. This will allow you to make an informed decision about whether or not to go ahead. If you decide it’s right for you, we will be on hand to guide you through how to release equity from your home.
Fill in the application form. We’ll talk you through this process and once completed, we can arrange to pick up all the documents we need from your home. We’ll then oversee your application until it completes, keeping you informed at every stage.
Receive your money. Most equity release applications take between six to eight weeks to complete. However, we will do all we can to keep this wait to a minimum and make sure the funds clear in your bank account as quickly as possible.
Use our free calculator to get an instant view of how much tax-free cash you could release to help you live your life, your way.
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We will talk you through all your options and explain all the pros and cons of equity release, so that you’re fully informed.
Our service is about finding out if equity release is a good fit for you, and only then will we find the best equity release plan for your individual needs.