Equity Release Mortgages
This kind of mortgage lets you release money from the property you live in without having to make monthly repayments.
They are known primarily as Equity Release mortgages but are sometimes called Lifetime Mortgages and are normally restricted to clients aged 55 and over, and can play a crucial role in retirement funding.
Equity release reduces the value of your estate and may effect any means-tested benefits you are eligible for. A lifetime mortgage, which is a loan secured against your home, is the most popular form of equity release and you will still own your home. Think carefully before releasing equity and make sure it is right for you.
Ms Rees, London
Brilliant working with you
Jill, it’s been brilliant working with you on obtaining a mortgage. You have been really proactive and supportive in organising it, and liaising with the various bodies involved. Thank you so much
