| RELEASING EQUITY FROM YOUR HOME |
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Unlock the Wealth in your Home
Interest in equity release has increased in recent months. Previously regarded only as a mechanism to help pensioners improve their income and standard or living, its applications have widened.
As well as products that generate income, several mortgage-based plans have been developed in recent years that enable those with equity to tap into large capital sums as the means to pay for large items of expenditure ~ a new car, dream holiday or holiday home.
This is a very specialised area and needs careful consideration and expert advice as any income/lump sum from equity release may reduce any State Benefit you are entitled to; if you have a 'roll-up' mortgage the outstanding loan and added interest would grow quickly and could result in negative equity; the value of your Estate will reduce.
To understand the features and risks, ask for a personalised illustration.
This may be just what you are looking for and if you want to find our more, contact us on 01803 313525. |