Our Equity Release service is designed to provide UK homeowners with a flexible and convenient way to access the equity in their homes without having to sell them. Our service offers two popular types of equity release products: Lifetime Mortgages and Home Reversion Plans.
With our Lifetime Mortgages, you can borrow a lump sum of money or take out a smaller initial amount, with the option to borrow more later. The loan and interest are repaid when you die or sell your home. Our Home Reversion Plans, on the other hand, involve selling a percentage of your home to a reversion company in exchange for a lump sum of money or regular income payments. You can continue to live in your home, but the reversion company will own a share of it.
To be eligible for our Equity Release service, you must be at least 55 years old and own a home worth at least £70,000. The amount you can borrow or sell will depend on your age, the value of your home, and other factors.
At our company, we understand that equity release can be a complex financial decision. That’s why we offer access to a team of qualified financial advisors who are authorized by the Financial Conduct Authority (FCA). Our advisors can help you understand the risks and benefits of equity release and explore alternative options. Additionally, the Equity Release Council provides a list of approved advisers and equity release providers.
We also understand the importance of family involvement in the decision-making process. Our advisors will work with you and your family to ensure that everyone is informed about the implications of equity release, including its potential impact on inheritance.
With our Equity Release service, you can access the equity in your home and enjoy greater financial freedom in your retirement. Contact us today to learn more.