Equity Release Advice
We understand equity release is a big decision, not only for you but your family too. Our experienced mortgage advisers offer face-to face visits with you and your family to truly understand your equity release requirements and tailor a recommendation specific to your circumstances.
Before arranging any equity release mortgage for you, our mortgage advisers will present you with a letter detailing our recommendation.
We want to be sure you have the opportunity to discuss this with your family as we aim to build long-lasting, trusted relationships with you. There is no rush, we want you to take your time and ask as many questions as you need to.
What is Equity Release?
Equity release is simply the process of turning the equity in your home into cash and is designed to help qualifying clients who either own their home outright or have a relatively small mortgage outstanding.
You can either borrow against the value of your home, or sell all or part of it in return for a lump sum or a regular monthly income (or both in some instances). The loan will be repaid at a later date when the property is eventually sold.
Types of Scheme
There are two main types of scheme, both of which are regulated by the Financial
Conduct Authority (FCA).
What could I release?
Use our calculator to have a quick look at how much money you could release.
You can apply whether you’ve paid off your mortgage or not – but any outstanding mortgage will need to be paid off with the money you release. Remember, you need to be 55+ with a home worth at least £75,000 to be eligible.