Equity Release
See also:
First Time Buyers
Self Cert Mortgages
Remortgage
Credit Problems?
Buy to Let
If so, equity release may be the option you are looking for.
Equity Release can be called several other names, all of which can offer slightly different features – just to confuse everyone! – such as Lifetime Mortgages, Home Reversion Scheme, Home Income Plans etc
The UK is said to have the highest ratio of ‘homeowners’ in Europe. Hence many people in the UK are finding that they are ‘asset rich and cash poor’.
You could be looking to release equity from your home for many different reasons; paying off other debts, paying for private medical treatment, a special holiday, general expenditure to enhance your lifestyle or maybe you want to help out other family members rather than waiting until they receive their inheritance.
Whatever reasons you have for wanting to release your money an ‘equity release’ can help you achieve what you want.
Generally you need to be aged 60 or over to release some of equity from your home.
Companies will lend certain amounts dependent on your age and health and the value of your property.
There are options allowing you to make no repayments or just interest payments – depending on your preferences.
Equity Release can be a daunting thought.
This is an area where much ground needs to be covered to ensure that you are making the right decision for both you and your family’s future.
We endeavour to provide you with all the necessary information, facts and possible options or alternatives to help you make the right choice, a service that you will find is ‘second to none’.
NICE ONE!
Thanks for all your help with my first life assurance policy. You made it all very easy to understand and painless...more testimonials
Willis Cooper Financial Services Ltd is an appointed representative of 2020 Financial Services Ltd which is authorised and regulated by the Financial Services Authority.
2020Financial Services is entered on the FSA register at www.fsa.gov.uk/register under reference 197107.
This website and its content is intended for UK consumers only. The FSA do not regulate some forms of mortgages.
