What is Equity Release?
Equity Release gives homeowners at least 55 years of age the power to release a tax-free lump sum from the value of their property, without ever having to move house. Releasing equity gives retired homeowners the opportunity to obtain financial freedom.
There are two types of equity release products, lifetime mortgages and home reversion plans. Lifetime mortgages, which are used most when taking out equity release, allow homeowners to take out mortgages secured on their property while retaining ownership. Home reversions plans sell part or all of the home to a home reversion provider in return for a lump sum or regular payments.
Some of the many benefits of Equity Release
- Tax-free lump sum to use however you please
- Continue to live in your home
- Zero monthly payments
- No negative equity
- FCA regulated & secure
Interested in Getting Equity Release?
At Your Money Release, their equity release advisers are here to make the process stress free and help you through every step of the way. Your Money Release compares the entire equity release market to see how much cash you could release and at what rates. They take into consideration all circumstances on the plan most suitable to your needs.
To find out if you qualify, simply fill out a short online application. It only takes a few minutes. If you are not happy with the plans that Your Money Release has found for you, no worries! There is no obligation to commit.
