One of the fastest growing sectors in the mortgage industry is that of equity release. A growing number of homeowners are accessing the cash (equity) tied up in the value of their homes, for a variety of reasons such as:
- Repaying a mortgage
- Supplementing pension income
- Gifting to family e.g. deposit for a house
- Home improvements
- Dream holiday
- Moving home
For some homeowners a traditional mortgage may still be the best (or only way) to achieve their chosen reason(s). For other homeowners the right choice for them is equity release. Equity release plans allow people over the age of 55 to raise money against their home without the need for further income.
At Express Mortgages we can explain and help you understand all of the available options for equity release. Either by using our own specialist knowledge of the traditional mortgage market, or by putting you in touch with our carefully selected partners.
If you, a friend, or relative are looking for more information on equity release plans to unlock the cash in your home please contact us or telephone 01942 235000. Remember we will give £100 in vouchers to you if you recommend our services. Terms and conditions apply.
Please ensure if you are considering equity release that you seek advice from an adviser who is specifically qualified in equity release plans. Equity release plans allow you to unlock cash from your home, a lifetime mortgage is secured against it.