What is equity release?

Equity release is a means to get cash out of your property without having to move. This is done by either borrowing against the value of your home or selling part or all of your home in exchange for a lump sum payment, monthly payments or a facility allowing you to draw down cash as and when it’s needed.
The amount of cash you can release will depend on your age, the value of your property and the amount of other debt secured against the property. There are a number of different schemes available from several providers.
If you feel that equity release may be right for you, or if you’d just like to know more you can call 0800 622 6035 or request a call back. One of our team will be able to discuss with you your circumstances, review your eligibility and, if appropriate, arrange an appointment for you with an adviser.
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