Financial Crisis? Equity Release is a popular option
17th August 2022
In these times of financial uncertainty and increasing austerity, more and more people are seeking to access the funds locked up in their properties to help them through .
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How to access more money in a time of financial volatility? Equity release is proving to be an increasingly popular choice for later life borrowers.
The equity release market for new lending and plan sales has reached yet another unprecedented record high. According to Key’s Market Tracker,the amount of equity customers want to release, and the percentage of over 55 year old eligible for a lifetime mortgage who are choosing to turn to their housing wealth to support their finances has never been higher.
Read more about this in our next blog coming soon!
Why not get in touch and see how we can help?
Equity release could be the answer to some of your financial questions. If you would like to know more about it, and see if it could be the right option for you, please book an appointment or request a call-back
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Equity release will reduce the value of your estate and may also affect your entitlement to means-tested benefits. You should always think carefully before securing a loan against your home.
Unless you decide to go ahead with a plan, our service is completely free of charge, as our fixed advice fee of £1,695 is only payable on completion of a plan.
A lifetime mortgage is the most popular form of equity release, and is a loan secured against your home that’s typically repaid when you pass away or go into long-term care.
