Equity release is available to homeowners who are over 55 years old. People in their retirement may find it difficult to survive in these days of rising costs. Possibly their greatest asset is their home and often the answer to their financial difficulties.
Depending on age a percentage of the value of your house can be released either as a lump sum or as an income or both. This money can be used for any number of purposes including, help for family, to purchase a holiday or home improvements.
We have a number of lenders on our panel, most of which have signed up to the SHIP agreement, which guarantees no negative equity.