Equity Release

Funding for a better financial future

What is Equity Release?

In a nutshell, Equity Release is a way for age 55 and over to unlock the value of your property and turn it into a cash lump sum. You can do this through a number of policies which let you access – or 'release' – the equity (cash) tied up in your home. You don’t need to have fully paid off your mortgage to apply.

Why Should I Consider Equity Release?

Equity Released can be used to fund

Home improvements
To boost disposable income in retirement
To gift to family (living inheritance)
To fund a holiday of a lifetime
For general lifestyle (home furnishings, car, etc)
General financial security

Benefits

Fixed rates for life
Pay off existing mortgage
No negative equity guarantee (you will never owe more than the house is worth)
No worry of repossession
No monthly payments
Still retain ownership of the property
Subject to valuation. Eligible to release more in the future
Only payable back upon death of second partner or going into long term care

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