Equity Release plan allows you to access some of the equity (market value) within your home.

Releasing a cash lump sum enables you to improve your lifestyle, as you are free to use the money for any purpose you wish. You may choose to improve your home, make essential repairs, install facilities which enhance your standard of living or take a holiday. The choice is yours. The Equity Release plan is available to you if you are over 55 years, a home owner, your property of standard construction in UK and your property valued at £75,000 or over

Equity Release Lifetime Mortgage Option

With this plan a legal charge is secured on your home and a cash sum is provided to you, which you may spend as you wish (subject to repayment of any existing mortgage). This is for as long as you live and so long as you continue to occupy your home, you do not need to make any repayments on the lifetime mortgage loan. Loan interest is charged at a fixed rate, calculated daily and added to the lifetime mortgage loan each month.

The provider of all equity release mortgages will be authorised and regulated by the Financial Services Authority.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP WITH REPAYMENTS ON YOUR MORTGAGE

For further information, please call us on tel: 01268 573 306 or email us

EQUITY MORTGAGE RELEASE - APPLY TODAY

Equity Release is when you use the value of your home to receive either a lump sum of cash or regular monthly instalments. Depending on the amount of equity release you can get depends on your age. A person of an older age can release a higher percentage of the value of their home, than a person of a younger age, as they are not expected to live as long. There is no maximum age limit for equity release, although applications are not usually granted for anyone under the age of 55 years. Use the equity release calculator to see the potential amount you can with draw from your property.

What are the features of equity release?

• You receive a cash lump sum to spend on whatever you want. Including giving it to family
• Take money as a lump sum or monthly instalments as and when you need it
• You can continue to live in your home until you die or go into long-term care.
• Reduce inheritance tax for your family / loved ones
• Fixed interest rate for the life of the loan
• Provided by many of the most trusted financial service companies in the UK.
• You can still move if you want to, as long as your new property meets the terms and conditions.
• We will listen to what you want from your retirement and discuss all the options with you.

Is equity release right for you? We aim to offer you an equity release scheme that fits your personal circumstances. If you can answer yes to all these questions then you may be eligible to an equity release scheme

• Are you over 55 years?
• Are you a homeowner?
• Is your property of standard construction in UK?
• Is your property valued at £75,000 or over?
• You may be eligible for equity release offered