What is equity release?
Equity release is a type of mortgage that enables you to release tax-free cash from your home. It does not require a monthly payment, however, you can choose to make payments if you wish.
Our friendly mortgage experts will take the time to understand your circumstances, before recommending the best solution for you. The interest rates are fixed for your lifetime so there are no unwelcome surprises. You don't have to take all of the available cash either. You can choose to take it as you need it meaning you are only charged interest on the money you borrow.
If you choose not to make payments, the interest is rolled up and paid from your estate when the second owner passes away or moves into long term care.
Do I qualify?
Yes, you may qualify as long as you are over 55 and you own a home worth at least £70,000.
What can I do with the money?
Anything you like! Common reasons why people look to release equity from their property are; clearing outstanding mortgages, topping up your income in retirement, helping your grandchildren onto the property ladder, and treating yourself to the holiday that you deserve. There really is no restriction.
Why choose Assured Equity Finance?
We offer simple, straightforward, and honest advice. Our friendly specialists are on hand from day one to provide you with a first-class service. Our quotes are totally free, with zero pressure and no obligation.
Our expert advisers have decades of financial service experience. We fully understand your needs and personal circumstances before researching the market to find you the best possible plan. We provide a tailored recommendation and talk you through the process from start to finish, answering any questions that you may have. You will only ever speak to your dedicated advisor who is on hand to help if you wish to proceed.
All our advisers are independent and offer whole of market advice, both Assured Equity Finance and our advisers are members of the Equity Release Council and fully regulated by the FCA, so you can be assured you are in safe hands, in addition, they are accredited members of the Society of Later Life Advisers.