Equity Release Loans
If you’ve got a bit of time up your sleeve and you’re over 60, we want to ensure that you have the money you need so you can enjoy every moment of your freedom.
Equity release loans allow you, as someone over the age of 60, to access some of your equity in your home. You can achieve this as a series of smaller payments or one big sum. It might help you complete that little bit of home maintenance or you may need this equity it in the case of an urgent concern. After all, this is your home and you decide how you use your money.
This type of loan is great as you repay the loan when your home is sold or your estate is settled. Similarly, all interest, fees and charges are paid when you sell or settle your estate.
While this is a great option for you, it’s important to assess if an equity release loan is the best thing for you. Often your home is one of your most important assets, so you must work out how beneficial it is for you to release this equity.
Talk about this with one of our brokers, who are happy to help you with finding the most suitable equity release loan, with a great interest rate from our lending partners.