Clients maintain ownership of their property whilst releasing money which can be used for various purposes. Some clients will pay off repayment or interest only mortgages, unsecured or secured loans, credit cards, or spend the money on gifting to family, holidays, cars and property maintenance.
They can be used to remortgage your existing home if you wish to stay in the current property but can also be used to purchase another property should you wish to move house.
We offer all equity release advice on a face to face basis only and are happy for you to have a guest in attendance should you wish to be accompanied.
This is a lifetime mortgage. To understand the features and risks please ask for a personalised illustration.