Lifetime Mortgages

Equity Release allows individuals aged 55 & over to release money from the property they live in without having to make any monthly payments.

As you are releasing equity from your home, you are doing so by using the property as security for the amount taken. The equity released to you is done by way of a loan.

By securing your loan against the property the lender has a legal charge* registered. This type of loan: equity release, secured against the property by a legal charge is called a lifetime mortgage. It is also known as an equity release mortgage.

Would you like to know more about how you could benefit from equity release? Call us on 01386 438710 or fill in the form below.