Equity release can be used for many things such as home improvements, to supplement your income, holidays
or as a gift to family. It could even fund your future,
making your financial ambitions a reality.
Why release equity?
Home or garden improvements
Paying off an existing mortgage
Buying a new car or caravan
Helping with day to day costs
A holiday of a lifetime
Paying off credit cards
Gifting money to loved ones
Paying for a home care
How does Equity Release work?
There is more than one way to release equity from your property. Some people will decide to sell and downsize, but what if you don’t want to let go of your home? A Lifetime Mortgage could be the answer.
If you’re a homeowner aged 55 or over your house value may mean you are asset rich. With a lifetime mortgage you could choose to release a portion of this built up value and release tax-free capital in a safe and flexible way.
Equity release with a Lifetime Mortgage allows homeowners to take advantage of the value of their home while retaining full ownership.
For a free, no-obligation discussion contact Age Concern Liverpool & Sefton on: 0151 330 5678 to discuss how we can be of help.