Raising money on your residential property in Retirement is known as either 'Equity Release’ or a ‘Lifetime Mortgage’. Having an Equity Release on your property may allow you to:
- Supplement your income,
- Fund home improvements,
- Help your children or grandchildren get onto the property ladder,
- Pay for care at home or for a loved one in residential care,
- Purchase a holiday home or simply raise cash to go on holiday or spend as you wish.
You may also be considering retiring but not quite be in a position to be able to or perhaps nearing the end of an interest only mortgage with no means of repaying it at the end of the mortgage term.
You may also have arranged an Equity Release loan several years ago and be locked into an uncompetitive rate of interest which is quickly eroding the equity in the property.
We have helped a great many clients achieve all of the above and more.
If any of these examples resonate with you, your family, friends of clients then please get in touch for an initial chat to see if how we can help.
Equity Release & Lifetime Mortgages will reduce the value of your estate and can affect your eligibility for means tested benefits.
Please fill out and submit the enquiry form below and we promise to get back to you within 2 workings days.
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