We offer lifetime mortgages and home reversion plans from a limited number of lenders. Ask us for a list of the companies we offer products from.
There are many reasons why people choose to use equity release and below are a few examples:
- Home improvements
- Repaying an existing mortgage/debts to reduce monthly outgoings and to take away the worry of having to make these monthly payments
- Enabling you to pay for a much needed operation as opposed to having to wait
- Helping family members, seeing them benefit now rather than later when it is needed
- Generating additional income to help improve lifestyle
One of the great advantages of equity release is that you do not have to move home. Moving home is an obvious and cheaper alternative to equity release but it is not always suitable.
Over the years will you have seen your property go up in price and you will have many happy memories, developed lifelong friendships with neighbours and got the property to how you want it, the prospect of starting again and making new friends or moving to a cheaper area may be a too big a compromise for you to make.
We only use lenders that are members of the Equity Release Council for more information please visit www.equityreleasecouncil.com
Equity Release Schemes will reduce the value of your estate and may affect your entitlement to state benefits. Think carefully before securing other debts against your home.