If you’re thinking about equity release on your property talk to us.
You can use any money release by this scheme, to spend on whatever you want, a Caribbean cruise, a new car, home repairs or to give money to children or grandchildren.
Yo will keep ownership of the property until you pass on or enter long term care.
You make no payments during the lifetime of the loan as the loan and interest are all rolled together and repaid when your property is sold.
The criteria for an equity release scheme or as its sometimes called “Lifetime mortgage” can vary slightly, but generally, you and your partner must be over 55, you must have a small mortgage or no mortgage and the value of the property must be no less than £75,000
People are living longer these days and whilst you may not have a huge savings pot, you could well have a property with no mortgage.
Releasing money from your property, could help you fund more a more pleasurable life.
Let’s face it, you’ve worked all your life, now you should reap the benefits.
Call Michael 01276 670777
We are unable to provide you with advice in this area however we can introduce you to an authorised and regulated Financial Adviser who can provide you with specialist advice
THIS IS A LIFETIME MORTGAGE. TO UNDERSTAND THE FEATURES AND RISKS, ASK FOR A PERSONALISED ILLUSTRATION.
A LIFETIME MORTGAGE WILL REDUCE THE VALUE OF YOUR ESTATE, WILL NOT BE SUITABLE FOR EVERYONE AND MAY AFFECT YOUR ENTITLEMENT TO