Nearly there, just a few more questions….
All the money you release is 100% Tax Free
Think how you could spend it – turn you dreams into a reality
Reduce costs by making voluntary payments
The main difference between a Lifetime Mortgage and a traditional mortgage is that you do not need to make any payments to a Lifetime Mortgage. Interest is charged on the amount you borrow and added to the loan on a monthly basis. This will quickly increase the amount you owe and potentially decrease the amount you can leave as an inheritance.
You can take lump sums as and when you need
The maximum amount you can release is determined by the age of the youngest applicant and the value of your property. With a Lifetime Mortgage you do not need to take the whole amount in one go and can take lump sums as and when you require.
Give Your Time a call and see what they can do for you
0800 612 5112
Frequently asked questions about Equity Release
Equity Release is a Lifetime Mortgage or Home Reversion plan. This allows you to release cash from the value of your home as a lump sum, or by smaller instalments as and when you need them. You can achieve this without the stress of moving home or paying expensive stamp duty.
Equity release is a Lifetime Mortgage or a Home Reversion Plan.
This allows you to release a tax free cash lump sum from your home or a second property (including buy to let properties). Or smaller lump sums as and when you need them. You can achieve this without the stress and upheaval of moving home or selling your home.
A Lifetime Mortgage is a way of releasing cash from your property without having to sell or move out of your home.
There are 2 types of equity release products currently on the market. Lifetime Mortgage and Home Reversion Plans.
Equity release may involve a lifetime mortgage or home reversion plan. To understand the features and risks, ask for a personalised illustration.
Four steps to unlock cash from your home.
Save money by paying fixed advice fees, not a percentage of the amount released.
Call us today for a confidential chat about Equity Release Freephone 0800 612 5112