Equity Release

Equity Release from Equity Finance

We are equity release mortgage specialists with access to the leading market equity release lenders that belong to Safe Home Income Plan (SHIP)


	This is a company supported by the leading providers of home income and equity release plans. It was launched in 1991 and is dedicated entirely to the protection of plan holders and promotion of safe home income and equity release plans.

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Q12 It is possible to release cash from a second home or a retirement home in the UK. In some cases you can use it to buy a retirement home.

Q10 It depends on the value of your home, your age and it will vary from lender to lender. We will search all the lenders to find the right option to suit your wants and needs.

Q11 Any equity release plan we recommend allows you both to stay in your home for as long as you wish.

Q13 If you would like to find out if equity release may be for you then contact the equity release specialists. The call is free and you are under no obligation.

Do I qualify for
Equity Release?

Are you over
55 years of age?

Is the amount you owe
less than the value
of your property?

If your answer is YES to
the above questions
we may be able to help!

Q1 Simply put, you may be able to release tax free cash from your home to boost your retirement income without the need to move. Your home is probably your greatest asset and it could ensure your financial security in the future.

Q2 As a home equity release mortgage specialist we tailor our advice to meet your requirements. We find the best way to understand your wants and needs is to talk with you and it also gives you the chance to ask us all those questions you are likely to have. If you would like to speak with an adviser, you can call us free on 0800 594 5904 or, alternatively, complete the details below and we will call you when it’s convenient for you.

Q3 If you are over 55, own your own home with little or no mortgage on it the answer is probably yes! You will be able to release a percentage of the value of your home and the amount will vary from lender to lender.

Q4 Yes! We only advise on lifetime mortgage based products. Home reversion plans or sale and lease back schemes are different and we do not recommend these products. Your Personal Adviser will be fully qualified to explain these products and the impact they may have.

Q5 If your house goes down in value we only use lenders that offer a no negative equity guarantee so you will never owe more than your house is worth.

Q6 No, we will only recommend a lender that offers a no negative equity guarantee.

Q7 Every application for Equity Release is different but the average is 6 to 8 weeks.

Q8 Releasing cash from your home can affect state benefits and your tax position. We will find out the affect, if any, and explain those to you as well as exploring any potential tax implications

Q9 Any equity release plan we recommend gives you the option to stay in your home for life. However, if you wish to move this will be subject to the equity release plan provider's property criteria and we will tailor the advice to suit your needs and recommend a plan that will allow you to move if this is a priority for you.

Please telephone 0800 594 5904 or email us your details including your Name, Telephone number, Email address and Best time to call

You can read about equity release mortgages in more detail at the Financial Services authority money made clear web site. http://www.moneymadeclear.fsa.gov.uk/pdfs/equity_release.pdf

To order the FSA leaflet “Releasing Cash from Your Home” call us free on 0800 594 5904 or fill in your details below and one of our specialist advisers will call you.

We offer advice and recommendation from our panel of lenders for which we will charge a fee. This is only payable when you receive your cash and is a set fee of £799

The overall cost for comparison is 6.8% APR

Authorised and Regulated by the Financial Services Authority. No. 309993. This web site is published by Equity Finance, St Marks House, St Marks Road, Chester, CH4 8DQ. It does not constitute an advertisement under the Consumer Credit Act 1974. Every effort is made to ensure the accuracy of the information we publish. However, we accept no liability or responsibility for its accuracy. Equity Finance is authorised and regulated by the Financial Services Authority. Equity Finance is a trading name of Status Mortgages Ltd. Bad Credit Mortgage Specialists. Your home may be repossessed if you do not keep up repayments on your mortgage.

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