FAQ’s
Frequently Asked Questions About Equity Release
How much can I release?
The amount you can release will depend on various factors, such as the value of your property, your age, and your health. Our experienced advisers will guide you through the process and provide you with a personalised quote based on your individual circumstances.
Will I still own my home?
Yes, you will still own your home. Equity Release Lifetime Mortgages allow you to release equity from your property while retaining ownership and the right to live in your home for the rest of your life.
What can I use the funds for?
You can use the funds for anything you want, such as home improvements, paying off debts, or enjoying your retirement.
What are the interest rates?
The interest rates for Equity Release Lifetime Mortgages can vary depending on the product and provider. Our team of advisers will provide you with information about the interest rates and help you choose the product that best suits your needs.
Do I need to make monthly repayments?
No, you do not need to make monthly repayments. The loan is repaid when you die or move into long-term care.
Can I move home?
Yes, you can move home. Many Equity Release Lifetime Mortgages offer the option to move to a new property in the future.
We are members of the Equity Release Council
All our advisers are members of the Equity Release Council and follow strict guidelines, so you will be in safe hands. We will never suggest equity release unless it’s right for you.
To find out more, please visit their website at www.equityreleasecouncil.com
