Compare Best Equity Release Schemes
Compare Equity Release – Advice From Qualified Experts
How does an equity release mortgage work?
Get advice for Equity Release Schemes
To start with Equity Release Schemes, you’ll need to get advice from a qualified equity release adviser. Our team of experts can talk through your options with you and help you understand the features and benefits of each type of plan.
Valuation and offer
Once you’ve decided which plan is right for you, the next step is to get a valuation of your property. This will give us an idea of how much equity you have to release. Once we have your valuation, we’ll help you submit your application to the lender of your choosing.
Get your money
Once you’ve accepted the offer, the lender will arrange for the money to be paid directly into your bank account. You can then use this money however you wish!
Reasons for an Equity Release Plan
It’s up to you on how you will use the cash
When you release cash, it’s up to the individual whether they want spend or save. You can use this money in any way that suits your needs and wants!
There are no monthly repayments
Yes, there are no monthly repayments with an equity release plan!
There are no credit checks or obligation
Equity release is designed for people over the age of 55, so there are no credit checks involved. And as we’ve already said, you’re not under any obligation to release cash from your home if you don’t want to.
You can compare a wide range of products
Compare a wide range of products from different providers to get the best deal for you today when you contact us today. We can help you find the right plan, from the whole of the market!
Get qualified expert equity release advice
Not all equity release plans are the same – get expert, qualified advice from our team of specialists to make sure you’re getting the best deal for your circumstances.
FAQs
Who are the Best Equity Release, Advisors?
The best equity release advisors are those who are qualified and experienced in the equity release market. They will be able to advise you on the best plans available and help you find the right deal for your circumstances.
The best advisors will offer advice on regulated equity release plans. This means that they will be able to offer you advice on the whole of the market, not just a select few plans.
What is an Equity Release Plan?
An equity release plan is a way of releasing cash from your property without having to move out. The cash can be used for any purpose and there are no monthly repayments to make.
How much can I release with an Equity Release Plan?
The amount you can release with an equity release plan depends on a number of factors, including your age, the value of your property and your personal circumstances. The best way to find out how much you could release is to speak to one of our qualified advisers.
Which Companies Offer Equity Release?
There are a number of companies that offer equity release plans. Some of the most popular providers include Aviva, Legal & General and Hodge Lifetime.
What are the disadvantages of Equity Release?
The main disadvantage of equity release is that it will reduce the value of your estate. This means that there may be less money to pass on to your beneficiaries when you die.
It’s also important to remember that you will still be responsible for maintaining your property and paying any associated costs, such as council tax and utility bills.
How much does Equity Release cost?
Equity release plans typically have arrangement fees, which can range from £2,000 to £5,000. There may also be other costs associated with taking out an equity release plan, such as valuation fees and legal fees.
If you’re thinking about releasing cash from your home, it’s important to get qualified advice from an experienced equity release adviser. Our team of experts can help you understand your options and find the right deal for your circumstances. Contact us today to find out more.