Is It Right For Me? Equity Release is not the right decision for all homeowners and you should always consider whether to go ahead with equity release. There are several options that could give you a financial boost and our team will always advise you on whether to use equity release plans for your needs.
For any further advice or guidance, call us today in Essex on 01268 799211
Considering Equity Release? When considering equity release, there are several features you must think about to ensure you choose the right equity plan for your needs. Our advisors explain the details of all plans as well as the different options you can take. Equity can reduce the value of your estate and could affect benefits you are eligible for, so it is a big decision to make.
All cash that you gain from releasing equity is tax-free. This gives you the chance to gain a large amount of value from your home through equity plans and spend the money on whatever you like. Lifetime mortgages are the most popular form of equity release, allowing you to retain ownership of your home. This means there are no monthly repayments as repayment is made when the plan comes to an end. This will secure a loan against your home and as a lifetime commitment, you must make the right choice with equity.
Equity Advisors Our equity advisors will always advise you regarding the different equity release plans available and whether lifetime mortgages could be the best choice for you. This will also give you an idea of how much money will be owed by the end of the plan.
All the plans we have come with a no negative equity guarantee. This prevents any debts being passed on as well as you never owe more than the value of your home. We can also advise you on alternative financial options which may help you, including:
Asking for Financial Help Claiming Your Benefits Conventional Mortgages Downsizing Your Home Saving & Investments
Equity may be a great choice for many homeowners but we always want to help you make the right decision.
Contact Us To discuss equity plans and other financial options, do not hesitate to contact Essex Equity Release. Call our team for more information on 01268 799211 or fill in our contact form to make any enquiries and receive a fast response.
