Equity-Release.info

Welcome to
Equity Release

A way to unlock money tied up in your home for people aged over 55.

Equity Release is a way of getting money from your home to enable you to pay off debts, improve your living conditions, or buy the things you would like; holidays, new car, home repairs, the chance to travel and see relatives.

What is equity release and
who is it for?

A way to unlock money tied up in your home for people aged over 55.

Equity Release is a way of getting money from your home to enable you to pay off debts, improve your living conditions, or buy the things you would like; holidays, new car, home repairs, the chance to travel and see relatives.

The most common method of achieving this is through a Lifetime Mortgage. Lifetime Mortgages do not have a defined end date. This means that they will last until the mortgage is paid off, you go into a residential or care home, or you die. If you are a couple, it ends after the death of the second person.

The interest rates are generally fixed for life, although variable rates do exist. Interest rates are competitive with normal mortgages.

If you want to pay interest, in most cases you can. If you want to pay back capital like in a conventional mortgage you can. If you do not want to make any payments at all, you can, the interest is just added to the loan and the total amount is paid back after your death.

Mortgages taken out in the 1990’s are due to be paid back, many people are finding that the solution they had relied on, endowments do not work and will not have the money available to clear the mortgage. Anyone aged over 55 can use Equity Release as a way of repaying their existing mortgage.

Equity Release can be taken out on your main property, on holiday homes, even on ‘buy to let’ properties (special rules apply).

Many parents are using Equity Release to help their children get onto the housing ladder, using Equity Release to provide the funds for a deposit means that their lifestyle is unaffected by extra expense. Because children have a larger deposit they can get a cheaper mortgage rate which makes it more affordable.

If one of you is much younger than the other we can still arrange a lifetime mortgage, as long as at least one person is 55 or over.

Equity Release
Calculator

Find out how much you can release. Enter your details in the calculator.

Age House Value Average Max
Age House Value Average£102,500 Max£185,000

If you'd like to know more, click here to discuss your options with our team.

Disclaimers
 

By submitting this form and based on your requirements you agree to be contacted by an FCA authorised Equity Release advisor.

Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.

The details of financial services and products published on this site are for information purposes only and do not constitute financial advice.

By submitting the enquiry form you agree that the information provided is true and accurate and that Equity Release may send the details of this enquiry to an appropriate broker for the purposes of furthering your enquiry and that the broker may contact you for further information as required. We will not send, sell, loan or lease your data to any other third party except those needed to provide the service you have requested.

Equity-release.info Ltd

Registered in England and Wales

Registered no. 6514696

Registered office: 52 Cypress Avenue, Ashford, Kent, TN23 3JP