Equity release could be an effective way to unlock some of the funds from your home. In 2019, Equity Release Council figures show that older homeowners withdrew £3.92 billion worth of equity. While it can be a great way to boost your finances in later life, it’s essential to find the right equity release plan for you. The Equity Release Experts can help you do so.
When you come to us, you can expect detailed expert advice and an independent recommendation. It’s what we do. So, why not call 0800 188 4812 or request a callback to find out more?
For older homeowners, there’s often a lot of money tied up in the value of their property. Taking out an equity release plan could be the way to tap into that – without selling up and moving home. If you own a property worth at least £70,000 and are aged 55 or over, the option is there for you.
A lifetime mortgage, the most popular form of equity release, is a loan that’s secured against the value of your home. With a lifetime mortgage there are typically no monthly repayments to make as the loan, plus roll up interest, is repaid when the plan comes to an end. Typically that's when you or the last remaining borrower passes away, or moves into long-term residential care.
You can download our free guide to learn more about how equity release plans work.
By choosing The Equity Release Experts, you can compare an extensive range of equity release plans from different providers. Here’s what you might find when you do:
Free, expert, impartial and fully qualified equity release advice
Unlock up to 56% of your home’s value – subject to eligibility
Annual interest rates starting from 2.70% that are fixed for life*
Features to personalise your plan based on what is suitable for your requirements
In addition, all the equity release plans we recommend meet the Equity Release Council’s standards. With this, you get the peace of mind knowing that you’re protected by a ‘no negative equity’ guarantee – so no debt can be passed on to your family through equity release once the plan ends.
* We recommend plans from across the whole of market that have annual interest rates starting from as low as 2.70% - fixed for life. The overall cost for comparison is 2.91% APR. Stated rates correct as of 6 June 2022. The actual rate that you receive will be confirmed in your personalised illustration and recommendation.
At The Equity Release Experts, we treat everyone as an individual. It means we understand that your needs are different to someone else’s. And that allows us to tailor your plan so that it works for you and helps you make the most of the value in your home.
Equity release plans aren’t right for everyone – and not everyone is going to be eligible. But the good news is that it could be much simpler than you think. If you’re a homeowner aged 55 or over with a property value of at least £70,000, you might be able to unlock some of the value in your property.
To see if you qualify or how much you could release, use our free equity release calculator.
The one thing that you must do before taking out equity release is to speak to a qualified equity release adviser. As an FCA (Financial Conduct Authority) regulatory requirement, your application won’t be accepted if you don’t.
Like all financial products, equity release is a major decision and isn’t without its risks. But, with the right advice, you’ll discover the equity release plans that best suit you and your own unique situation. That’s why you should talk to The Equity Release Experts.
Our expert advisers never recommend a plan unless they’re sure it’s suitable for you. They’ll go through all the options available to you – considering all the different types of equity release plans, as well as the features that may benefit you. And unless you decide to go ahead, your initial appointment to find out more is completely free.
There’s no time like the present if you’d like to discover the range of equity release plans that could help you boost your finances in later life. Call us on 0800 188 4812 or fill in our callback form to speak to one of our dedicated, fully qualified advisers. Lines are open Monday-Friday 9am-5.30pm.
Not ready to take that step just yet? No problem. You can see how much you could release with our free equity release calculator. Or you can get our free guide to uncover the potential of an equity release plan – and what it could mean for you and your family’s future.
A lifetime mortgage is a loan secured against your home.
Typically there are no monthly repayments to make as the loan plus roll up interest is repaid when the plan comes to an end.
You should always think carefully before securing a loan against your home.
Equity release will reduce the value of your estate and may affect your entitlement to means tested benefits.
Unless you decide to go ahead with a plan, our service is completely free of charge as our fixed advice fee of £1,499 is only payable on completion of a plan.