At Access Equity Release, we provide professional equity release advice to residential homeowners over the age of 55 in Bradford, Keighley, and the surrounding areas of West Yorkshire. Many of our clients find that releasing equity from their homes can help with a variety of things such as home improvements, paying off existing residential mortgages, going on holiday, clearing debts, and helping friends and family to enjoy some of their wealth during their lifetime.
Lifetime mortgages can now be used as an important financial planning tool and can provide access to tax-free cash to be spent as you wish. Unlike residential mortgages, there is no requirement to make repayments during your lifetime, unless you wish to do so. You will also retain full ownership of your home until you die or move into long-term care, at which point the loan and any interest owed is repaid.
As members of the Equity Release Council, we uphold stringent standards that include only ever recommending products with a ‘no negative equity guarantee’, which means that you will never owe more than the value of your property.
Here at Access Equity Release, we are equity release specialists who can look across the whole of the equity release market, to find the right products for you. We can discuss the various features available from different equity release mortgages and plans and work out whether equity release is a suitable route for you now or in the future. We will always explain clearly how equity release works and its impact on you and others, always taking into account your financial goals and your personal circumstances.
To talk to us about retirement or later life mortgages, please call the team now on 0333 000 2097.