Introduction to equity release and lifetime mortgages - Now you can really make the most of your retirement with vital cash to spend exactly as you wish.
An equity release mortgage or lifetime mortgage gives you the chance to unlock the equity tied up in your home. And the really good news is that there will be no monthly repayments. You also continue to own and live in your property for as long as you wish.
Over the years
your home will
have provided
you with
comfort, shelter
and security and
now it is
probably your
greatest
financial asset.
By using an
equity release
mortgage and
releasing some
of the value in
your home, you
could soon have
a cash sum in
your hands, or
an increased
income... and
still be sitting
comfortably.
The two main types of UK equity release plans available are lifetime mortgages and home reversion plans. Both types of equity release scheme allow you to:
The two main types of UK equity release plans available are lifetime mortgages and home reversion plans. Both types of equity release scheme allow you to:
- release equity from your home
- spend the cash as you wish
- make no monthly repayments
- stay in your home for life
If you would like to discuss your equity release options with an experienced adviser then please contact us today.
