What is Equity Release
An equity release mortgage could help if:
YOU are aged 55+ and do not pass affordability calculations for a re-mortgage or second mortgage.
YOU are aged 55+ and are coming to the end of a mortgage and would like to settle it without taking out a re-mortgage as YOU don't want to make payments.
YOU are aged 55+ and are wanting an Interest serviced product that YOU can keep significantly past retirement age and when YOU want to stop payments the product can switch onto rolled up interested.
YOU are aged 55+ and want to raise funds to improve their quality of life either through consolidation or home improvements or for any other legal reason. YOU can raise an equity release mortgage when they may be past the maximum age for most high street and specialist lender.
YOU are aged 55+ can raise an equity release mortgage on a BTL property or 2nd property.
IF this is something you are thing about, give us a call and we will get someone to contact you with all the correct information you need.