Equity Release Specialists including Lifetime Mortgages in Devon and Cornwall.

Your ‘equity’ is the difference between the value of your home and any mortgage you might owe. Equity release can give you access to some of this money, which would otherwise stay tied into the value of your property. By releasing a portion of the equity in your home, you’ll have money to spend on almost anything you wish – from home improvements, paying off debts, buying a new car, that dream holiday or even gifting to the family to help them get on the property ladder.

With most lifetime mortgage plans, there is no need to make monthly repayments. That’s because the amount you release, plus interest, is usually repaid when your property is sold as you move into long-term care or pass away.

If you are considering releasing equity from your home you should seek whole of market advice, which is where I can help. I am more than happy to chat to you about equity release and lifetime mortgages at no cost to you. In fact, if equity release is suitable for you I will even provide a free quotation with a full written recommendation sent direct to your door. Plus, there is never any obligation to go ahead. I provide initial advice for free and without obligation. Only if your case completes would our advice fee of £1,695 be payable. Other lender and solicitor fees may apply. Equity release may involve a home reversion plan or a lifetime mortgage, which is secured against your property and will reduce the value of your estate and impact funding
long-term care. To understand the features and risks, ask for a personalised illustration. Equity release requires paying off any existing mortgage. Any money released, plus accrued interest would be repaid upon death, or moving into long-term care.