Discover more about equity release in Kensington & Chelsea
What is equity release? Your home is likely to be your biggest asset and equity release can play an important role in funding your retirement. Equity release is a term used to describe a number of financial products that allow homeowners over the age of 55 to release some of the value of their home, whilst still living there.
The equity release market has changed dramatically in recent years and is more popular than ever. The reasons for this? Interest rates are low with increased competition from lenders, there are countless products to choose from offering enormous flexibility, and property prices have increased meaning many people are now considering how they can use the equity in their homes to help fund their retirement.
Trusted by market-leading lenders
As the industry evolves, it is essential that you seek advice from industry experts. Our award-winning equity release consultants have a wealth of experience. With hundreds of products available, our advisors will always find the right solutions for you.
Call now to find out more about equity release mortgages, please book a consultation now on 0203 840 5011.
What types of equity release products are available?
There are two main types of equity release: Lifetime mortgages and home reversion schemes, with the former being the most popular option. By using an equity release product, you can draw a tax-free lump sum or regular smaller sums from the value of your home, whilst continuing to own it and live there.
If you are considering equity release, it is essential to find out as much as you can about the available options, so you can understand if equity release is right for you. Our experts will discuss your financial circumstances, so we can search the whole of the market to find suitable products tailored to your unique circumstances. We can also access other financial products, such as residential mortgages.
There is a huge choice of products from different lenders and equity release providers, from independent providers to familiar, high street names. With many new options being released regularly, whatever your equity release needs, we will find a solution that meets them.
We are trusted Equity Release advisors
We adhere to the strict codes of practice in the provision of equity release advice. All products we use include:
- No negative equity guarantee: This means that even if the future value of your home is less than the amount you owe when you die or move into long-term residential care, your estate will never be left in debt from a lifetime mortgage.
- Moving home: We guarantee that you can live in your home as long as you wish, provided the terms and conditions of the mortgage are being met. You are also able to move home and transfer the mortgage should you wish to downsize in the future.
Want to know more about equity release?
If you want to know more about equity release, please call us now for one-to-one helpful advice on 0203 840 5011 or email mwade@equityreleasekensington.co.uk
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