EQUITY RELEASE

K

MORTGAGE ADVICE THAT’S AS UNIQUE AS YOU ARE

Equity Release products are designed for people over 55 to take cash value from their homes without having to move. There is a wide range of Equity Release products which can provide a valuable source of income for some people.

These schemes allow the borrower to stay in their home and benefit from the cash released from the equity of their property until certain events occur for example moving into long-term care or death. At this point the lender will be repaid, usually through the sale of the property.

There are different types of Equity Release Scheme, some of which mean ownership or part-ownership of the property passes to the Equity Release provider and others where a cash sum is drawn from a promise to repay the lender on the sale of the property. It is important if you are considering an Equity Release scheme to understand the differences between these scheme types and this is something we can help you with.

Equity release can be very useful in some circumstances but it is essential to seek advice on whether it is suitable for you. We will help you understand if it is the right option for you, so please get in touch if you are considering an Equity Release scheme. We are experts in this market and will make sure you receive the right advice.

A LIFETIME MORTGAGE WILL REDUCE THE VALUE OF YOUR ESTATE AND MAY AFFECT YOUR ENTITLEMENT TO MEANS-TESTED BENEFITS AND TAX STATUS.

THE IMPACT OF NOT SERVICING MONTHLY INTEREST PAYMENTS ON A LIFETIME MORTGAGE IS THAT THE OUTSTANDING DEBT CAN GROW RAPIDLY, THUS REDUCING THE VALUE OF YOUR ESTATE. FOR EXAMPLE, IF THE INTEREST RATE WAS 7% A YEAR, A £50,000 LOAN WOULD DOUBLE TO £100,000 AFTER 10 YEARS ASSUMING NO REPAYMENTS ARE MADE. THIS IS AN EXAMPLE FOR ILLUSTRATIVE PURPOSES ONLY AND PERSONALISED ADVICE AND RECOMMENDATIONS SHOULD BE SOUGHT FROM A QUALIFIED PROFESSIONAL.

YOU ARE STRONGLY ADVISED TO REGISTER A LASTING POWER OF ATTORNEY. THIS WILL ALLOW YOUR AFFAIRS TO BE MANAGED BY SOMEBODY ELSE IF YOUR MENTAL ABILITIES SIGNIFICANTLY DECLINE.

K

WHAT TYPE OF MORTGAGE ARE YOU LOOKING FOR?

FIRST TIME BUYER

EQUITY RELEASE

MOVING HOME

BUY TO LET

REMORTGAGE

K

WHO WE WORK WITH

Below is just a small selection of the lenders we’re able to work with on your behalf

Nationwide
NatWest
LBS
Virgin Money
Precise
HSBC
K

WE’RE WITH YOU EVERY STEP OF THE WAY

With over 10 years of financial services experience, from mortgages to protection, our varied industry knowledge will cater for any financial circumstance you find yourself in.
K

10 +

YEARS OF FINANCIAL EXPERTISE

We love our job and hope that shows through when there is nothing about the industry that our experienced team do not know.
K

100 +

Mortgages To Suit You

No matter your circumstances, we are here to get the right mortgage for you.
K

FIRST TIME?

First time buyer mortgages

K

MORTGAGES

Looking for a mortgage deal?

K

PROTECTION

How to protect your mortgage

K

REMORTGAGE

Get great remortgage deals

K

READY TO DISCUSS YOUR OPTIONS?

With hundreds of mortgage products available, you can be sure that our experienced mortgage team will find a great deal for you.
K

WHAT OUR CUSTOMERS ARE SAYING

Happy clients are the bedrock of any business and ours is no exception.

"Friendly, fast and efficient, with outstanding Service throughout the entire process. Really happy and would recommend to anyone."

 

 

James Anderson (September 2023)

 

 

"Great Service, Friendly, Quick & Reliable. Always called me back and answered even my most silly of questions. Will definitely recommend!"

 

 

Nick Peters (September 2023)