What is Equity Release

Equity Release allows homeowners over the age of 55 to release the equity in their homes, but still allowing them to live there for as long as they wish. There are three types of equity release schemes available in the market: Lifetime mortgages | Home reversion plans | Drawdown plans

Each type of equity release scheme allows you to have financial freedom by releasing equity from your home to spend entirely as you wish.

Equity release schemes are only recommended where they are approved by ERC (Equity Release Council) which means that every equity release scheme offered meets the strict standards set by ERC to ensure your safety:

  • Guarantee you will never fall into negative equity. This means you will never owe more than the value of your home and no debt will ever be left to your estate.

  • Remain in your property for life, provided the property remains your main residence.

  • Move your plan to another suitable property without any financial penalty, subject to criteria.

We work with an intermediary who is qualified and directly authorised by the FCA to provide these solutions.

Please contact us for a free initial chat to see if the services are suitable for your requirements.

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