Why Choose Equity Release and How It Can Work For You
Equity release, a lifetime mortgage designed for individuals aged 55 and above, offers a solution for those seeking to access the value tied up in their property without the need to relocate or sell their home.
Why consider equity release, and how might it benefit you?
In the face of a cost-of-living crisis and inflation in recent years, meeting financial needs, such as travel expenses or covering household bills, has proven challenging. However, amidst these challenges, property prices have held steady, presenting an opportunity for homeowners with substantial equity.
This unlocked equity can serve various purposes. It could fund essential home modifications to cater to your physical needs, contribute as an early deposit for your children or grandchildren to step onto the housing ladder, or even supplement your pension income for a comfortable retirement. Additionally, it could be allocated for regular holiday plans in the future.
How does equity release work?
The amount you can borrow is determined by factors like your age, current health conditions, and property value. You have flexible repayment options, including settling the released equity in full, paying only the accrued interest, or choosing not to make any payments while allowing interest to accumulate against your property, with your equity stake decreasing gradually over time.
For more information on equity release, feel free to reach out to us confidentially. Let's explore how we can assist you in unleashing the potential locked within your property.
I would recommend Green and Green without any hesitation
James has been extremely helpful and highly efficient throughout the whole process, always keeping our best interests at heart. He is genuine and personable, and goes above and beyond to make sure you are well informed. I would recommend Green and Green without any hesitation to anyone looking for advice around their mortgage and protection needs.
Chris Bringing
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His knowledge and experience of dealing with mortgages made the entire process simple; providing us with options that would suit our circumstances best. Additionally, he brings a personal touch to job by checking on us throughout the process and offering support wherever possible.
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Daniel Websdale
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