Ask how much you can borrow

Why not use our simple form to request an estimate of how much you can borrow?

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Review your existing Equity Release plan

Ask how much you can borrow

Equity release plans have been around in their current format for about 15 years. Historically, the interest rates were very high in comparison to current lower fixed rates; and loan to property values were low, so smaller loans were available compared to the healthier loan to values available currently. The new plans also offer a greater flexibility, as contracts have evolved over time.

Lower interest rates

By re-mortgaging to a more competitive equity release scheme, you could reduce the amount of interest that accumulates in the future. For example, if you borrowed £70,000 at an 8.20% lifetime mortgage interest rate, by switching to a more advantageous rate of, say, 5.75%, you could save more than £30,000 over 10 years.

Other benefits

Reviewing your existing contract could lead to other important benefits. You may be able to borrow further funds straightaway; you could enjoy greater flexibility, such as having a drawdown facility; you may be able to pay off some or all of the interest without penalty; and you may also receive improved terms and conditions.

Specialist advice

We offer a free review service where we will review your existing contract in order to see if it can be improved upon. We will of course explain all of your options, as we go along. As with normal mortgages, it is possible to re-mortgage your existing plan to another provider to secure better terms, e.g. lower interest rates.

What my customers say about working with me

“Both David and I are extremely grateful to you for all your help and advice over the past year in getting the mortgage set up and operational. You knew the ins and outs of dealing with the Court of Protection and you obtained Pension Credit for Lorna as we did not realise she was eligible. Thank you also for your two visits to sort out all the paperwork and for using all your professional knowledge to help us through a difficult process. It was a great help to have you to liaise with our solicitors and then with Aviva directly.”

Anna and David

What my customers say about working with me

“Both David and I are extremely grateful to you for all your help and advice over the past year in getting the mortgage set up and operational. You knew the ins and outs of dealing with the Court of Protection and you obtained Pension Credit for Lorna as we did not realise she was eligible. Thank you also for your two visits to sort out all the paperwork and for using all your professional knowledge to help us through a difficult process. It was a great help to have you to liaise with our solicitors and then with Aviva directly.”

Anna and David

Why not get in touch and see how we can help?

Equity release is the answer to so many financial questions. If you would like to know more about it, and see if it could be the right move for you, please book an appointment or request a call-back