Equity Release for the Discerning Homeowner
Why Equity Release?
Equity release is now becoming, for many, a matter of choice. A way of releasing money from your home to make retirement more comfortable, to help family, to make home improvements or even achieve those lifetime goals you have always wanted.
Equity Release Explained
Equity release schemes offer homeowners aged 55+ a way of releasing some of the money tied up in your home, without the need to move or even make any monthly repayments if you prefer. The money equity release provides can then be used for anything you like.
"Equity release" includes home reversion plans and lifetime mortgages. To understand the features and risks ask for a personalised illustration.
Equity Release Schemes
There are two main types of equity release schemes:
- Lifetime Mortgages, with this method of equity release you simply take out a loan against the value of your property and you can chose whether or not to make any monthly repayments of interest.
- Home Reversion Plans, where you sell all or part of your property to receive a discounted lump sum plus the right to remain living in your property for the rest of your life, rent free.
Equity Release Advice - The importance of impartiality
There are now many different equity release schemes and providers and it is important to ensure you understand how the different equity release schemes compare before finally deciding on any one scheme.
Having the differences explained by a professional impartial advisor will enable you to be able to make an informed decision about which option is right for you.
Whatever your requirements and preferences, The Equity Release Centre has become the natural choice for many people when seeking professional, impartial equity release advice because:-
- We don't entice you with frills, lender freebies (such as free valuations) or cashbacks, as normally these only come at higher interest rates - meaning you lose more of your home's precious equity than is necessary. Nor do we insist on you providing your contact details when using our free equity release calculator.
- We don’t try and advise you simply over the phone as we feel equity release is too important for this.
- Instead what we do, is offer all our clients the chance of requesting a free home consultation with one of our experienced equity release advisers in order that we can answer all your questions and give you simple straight talking and impartial advice on all methods of equity release - Interest Only Mortgage, roll up Lifetime Mortgage, Drawdown Lifetime Mortgage, Home Reversion Plan - even telling you if we feel equity release isn't right for you.
Equity Release Calculator – Simple and free to use
Quickly find out just how much equity you could release via our free to use equity release calculator which unlike others, doesn’t require you to first supply us with your contact details before using it.
Equity Release - Find Out More
To find out more about how equity release lifetime mortgages or home reversion plans could help, simply select from any of the following, or call The Equity Release Centre on Freephone 0800 970 4883:-