What happens next?
Do you qualify?
Do you own your own home? And is the youngest homeowner aged 55 or over? If you've answered 'yes' to these questions, you are likely to be eligible for equity release.
If you currently have a mortgage or loan secured against the property, you are still likely to qualify. However, it is a condition that you pay this off with some of the money you receive from your equity-release plan.
Is equity release the right option for you?
To find out whether equity release is your best option, you should call us for specialist equity release advice. We will be happy to tell you more about the plans available and how they could benefit you. We can also give you a free, no-obligation written quotation, defining the best plan from the many available to suit your needs. This will allow you to make an informed decision as to whether equity release is right for you.
Fill in the application form
If you decide to go ahead, we will talk you through the application form that you will need to fill in. Once completed, we can arrange a free courier to pick the documents up from your home. We'll then oversee your application until it completes, and keep you informed at every stage.
Receive your money.
Most equity-release applications take an average of six to eight weeks to complete. However, we will do all we can to keep this wait to a minimum. Once the funds have cleared in your bank account, they are yours to do with as you wish.
Equity release may involve a home reversion plan or lifetime mortgage which is secured against your property. To understand the features and risks ask for a personalised illustration.
Equity release requires paying off any existing mortgage. Any money released, plus accrued interest would be repaid upon death, or moving into long-term care.
Popular Next Steps
Things to consider
As multi-award-winning equity release specialists we provide informative impartial advice covering your options as well as explaining how equity release will affect potential inheritance and how your entitlement to means-tested benefits could be affected now or in the future.
We provide initial advice for free and without obligation. Only if you choose to proceed and your case completes would a typical fee of 1.95% of the amount released be payable (minimum £1,495).
Equity release requires paying off any existing mortgage. Any money released, plus accrued interest to be repaid upon death, or moving into long-term care.