Equity release home loans
Equity release home loans are the same as equity
release mortgages or lifetime mortgages. These
types of equity release scheme allow you to gain
access to some of the equity tied up in your
property. Your equity is the difference between
your property value and any outstanding mortgage
you may have.
Equity release home loans are available from
many equity release and lifetime mortgage
companies including;
- Northern Rock
- Mortgage Express
- Norwich Union
- Prudential
Equity release home loans are a mortgage on
your property. However, you make no monthly
payments and the mortgage debt is repaid on your
death via the sale of your property. When you
take out a equity release home loans you can
spend the money in anyway you want to.
There are many types of equity release home
loans and it pays to take good
advice from a professional adviser who is
experienced in such matters.
Equity release home loans
Equity release lifetime mortgages
Flexible
Lifetime mortgages
Interest only lifetime mortgages
Lifetime
mortgages
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mortgages UK
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