Equity Release and Lifetime mortgages

If you are a home owner aged 55 or over, you could be eligible to release cash from your property.

Equity release schemes allow you to take advantage of the equity built up in your property, in the form of a tax-free cash lump sum, or an income for life, or a combination of both. Equity Release schemes today are increasingly flexible and are designed to meet modern day lifestyles.

There are two main types of Equity Release schemes available:-

a Lifetime Mortgage…you can take out a loan against the value of the property. These do not usually require any repayments until you sell the property.

OR

a Home Reversion Mortgage…you can sell all or part of your property in exchange for a lease for life which will provide either a tax free lump sum or additional income, or both.

Whatever your goals, you can be confident that there will be a solution that’s right for you.

There are differences between lifetime mortgages and home reversion mortgages. To understand their features and risks, you should speak to an expert in this area.

We act as introducers to experts who specialise in equity release and lifetime mortgages. This ensures that you are dealing with reputable, trusted people who will take the time and care to ensure you receive the best possible advice for your particular circumstances.

You can complete the form below to obtain an indication of what your possibilities may be. A fully qualified, experienced, adviser will contact you once you have completed the form.