Equity Release Schemes
"Equity" is the difference between the current value of your house and any outstanding mortgage you may have on it. Equity Release is a term given to various methods of unlocking this equity for you to use for whatever legal purpose you desire.
If you are a homeowner with little or preferably no mortgage and you and any spouse/partner are over 55, the Equity Release Centre can help you find Equity Release schemes which can turn some of this equity into cash without any monthly repayments.
Should you or your spouse/partner be under 55, don't worry, we may still be able to help you with a remortgage or interest only mortgage.
With average house prices having increased considerably in recent times, coupled with increasing costs of living and life expectances and changes in familyexpectations, its not surprising that more and more people* are finding that Equity Release schemes can improve their lives by:
- Improving their Income
- Paying off debts
- Reducing Inheritance Tax liabilities
- Fulfilling life-long ambitions
- Helping children/ grandchildren with a deposit for a house
- Making home improvements etc...
Whilst at the same time being comforted by knowing that they can continue to live in your own home for just as long as you want to.
*In 2006 SHIP members lent a record £1.154 billion, up from £851 million in 2002, an increase of 36%. (Source SHIP Jan 2007 and June 2003).
Why choose the Equity Release Centre
The Equity Release Centre is an independent adviser on major UK equity release lifetime mortgage schemes. We do not offer our own scheme and, therefore, work impartially for you to find the best scheme for your own requirements.
It is probably as a result of this that, we have many happy clients who have taken the trouble to write to us to express their thanks for the time and trouble we took in helping them improve their lives. One such typical response was from Mrs M of Northamptonshire who wrote:
“ I would like to thank you again for the wonderful service you gave and the trouble you took to explain everything fully to me. Financial matters have always been a mystery to me but this time, thanks to your explanations, it was very clear. I will, most certainly, recommend your company to any friends who may be thinking of taking the Equity Release step.”
So if you would like to receive similar service, once you are ready to seek advice and a quotation, please go to the Equity Release Enquiry Form, complete it as fully as possible and then submit it to us, we will then call you back to initially discuss your requirement further.
This advert refers to home reversion plans and lifetime mortgages. To understand the features and risks ask for a personalised illustration.
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