Considering releasing equity in Bournemouth? An overview of the property market
Our local and fully qualified equity release specialists can give you personalised advice about lifetime mortgages and other equity release products. We are at the forefront of financial planning and if you invested in property in the area some years ago, the chances are that you will have seen the value of your property soar over the years you have been living there. Famous for its seven miles of sandy, golden beaches and excellent transport links across Dorset and the whole of England, Bournemouth is a popular location with many families and individuals.
In March 2021, according to Zoopla, the average property price in the area was just over £314,000, with a rise of 4.58 per cent in a year. Terraced houses sold for an average of just over £272,000. According to the Bournemouth Echo in January 2021, several areas across Bournemouth, Christchurch, and Poole had risen by over 7 per cent in a year, with owners of detached houses seeing the biggest uplift and houses fetching over £494,000 on average.
If you are wondering about the benefits of equity release and whether it would be right for you, let our equity release advisors help. We are always happy to visit our property or another convenient location or talk via video or telephone without obligation or charge. We can look at whether equity release is a suitable route for you now or in the future, how it works, alternatives, and access to these options, and we can make recommendations based on your circumstances.