Independent and impartial equity release advice in Hammersmith, W6
Talk to our professional equity release specialists about unlocking cash from your home in Hammersmith, West Brompton, or Acton. If you are looking for help around equity release and understanding whether it could be the right route for you, talk to us.
Equity release can help homeowners over the age of 55 release cash from their home without having to sell it or move to another property. Our independent equity release advice will help you clarify what you need to know so you can decide whether equity release is the right choice for you.
We can talk to you about the benefits of equity release, how it might affect your family’s inheritance, tax position, and any benefits you may receive. If you need impartial advice, we can offer a free and no-obligation consultation in the comfort of your home.
Our ethical and bespoke advice is always delivered with our clients at the heart of the process. We can search across the whole market across hundreds of products that are more competitively priced than ever with low-interest rates.
Our equity release brokers can make product recommendations and give you all the facts that you need, considering other investments. We can also access other financial products.
For equity release advice tailored to you, please call now on 020 3840 5011.
Are you considering releasing equity from your Hammersmith home?
One of the major advantages of equity release mortgages is that it offers tax-free money to spend now, rather than having it tied up in your home. Considered one of the safest residential areas in London, Hammersmith is quiet and peaceful but within the east reach of Central London. Bordered by Fulham, Chiswick, Kensington, and Shepherd’s Bush, is an affluent and desirable hotspot. If you are curious as to how much money you might be able to release from your property, please check out our handy and easy-to-use equity release calculator.
According to the property site Rightmove, in 2021 the majority of property sales were flats made an average price of just over £634,000. Terraces sold for an average of £1.46m with semi-detached homes making £1.82m. The average price in the area was £980,000. Overall prices had grown by 7 per cent from 2020.
Read our blog: How equity release can help you keep your home whilst enjoying the money tied up in it.
To book a consultation with our independent equity release brokers, please call now on 0203 840 5011.
Lifetime Mortgages are the most popular form of over 55 home loans in West Brompton
The most popular type of equity release in West Brompton, Hammersmith, or Shepherds Bush is a Lifetime Mortgage. This type of plan offers a wealth of benefits and more flexibility than Home Reversion Plans.
With this type of plan, you borrow a tax-free lump sum in the form of a mortgage but unlike a residential mortgage, there are no regular repayments unless you wish to make them. The mortgage, plus any interest that has rolled up over time, will eventually be repaid from the sale of your home when you die or move into long term care. There are options to pay off some of all of the interest to stop the interest from rolling up because it will compound over time.
Who can apply for a Lifetime Mortgage? This type of retirement mortgage is usually available to people over the age of 55. The younger you are, the lower loan-to-value you can receive.
Advantages include:
- You will still own your home and will retain the right to stay in it
- You can benefit from the rise in house prices
- You can access the money in one lump sum or smaller amounts as and when you need them
- You can choose to repay some of all of the interest
- You do not need to make any monthly repayments
- You can choose to protect a percentage of the eventual sale price of your home
- You may be able to release more equity at a later date
W6 equity release company: We can search across the whole of the retirement mortgage market
Book a no-obligation consultation with our equity release advisers in Hammersmith. Releasing equity from your home is a big decision and you must have the right people around you.
Our equity release advisers will always act with your best interests at heart. We are also regulated by the Financial Conduct Authority.
We will always talk in plain and straightforward language and our advice is transparent and honest. We solely focus on equity release.
Our clients choose to access equity for many reasons from making improvements to their properties (that they will benefit from financially) and holidays to paying for day-to-day living costs or medical care. The money can be used for whatever you wish.
For more information on equity release, please see our FAQs.
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Appointments can be arranged in the comfort of your own home with Martin in Bayswater and the surrounding local areas including:-
Talk to equity release experts in Hammersmith now
Call 020 3840 5011 or email mwade@equityreleasekensington.co.uk to find out more about releasing equity or finding out more about over 55 home loans in Hammersmith.
