Would you like to talk to an equity release specialist in Durham, UK?
Here at Access Equity Release, our experienced equity release advisors can offer you expert advice and guidance regarding all types of equity release in Darlington, Hartlepool, Stockton-on-Tees, Durham, and throughout County Durham.
Directed regulated and authorised by the Financial Conduct Authority (FCA) we have access to the whole of the equity release market, so we can help to find the right plan for you. We offer a friendly, personal, and helpful service.
How could equity release help you? If you are aged over 55, you could access some of the money tied up in your property, whilst retaining full ownership of your home. Our equity release advisors can visit you at your home or place of work and will take time to listen so we can understand your individual circumstances and make recommendations.
Equity release is not always the right choice for everyone and we also have access to retirement interest-only mortgages and residential mortgages. Read our blog: What is a retirement interest-only mortgage?
- Our equity release advisors can recommend the right plan for you from hundreds of choices across the market.
- We can make recommendations about Lifetime Mortgages that suit your requirements and circumstances.
- All plans come with a ‘no negative equity guarantee’ which means the value of the plan cannot exceed the value of the property.
- Money is released tax-free and can be spent exactly as you wish.
- Our equity release company comes highly recommended and has won industry awards for their work.
To book a no-obligation equity release consultation, please call 0333 000 2097.
Why release equity from your Durham property? How has the market fared?
Equity release is a way for retirees in Durham to release money from their property in a safe way. If you own a property in Durham, you will have seen its value rocket over the years and you may be wondering about how you can stay in your home but have more money for certain purposes like holidays or home improvements or even for day-to-day living costs.
With beautiful coastlines that stretch over the North Pennines, along with busy cities and picturesque villages, County Durham has long been a popular choice with homeowners.
In 2020, Rightmove said that the majority of property sales were semi-detached homes that sold for an average of just over £167,000. Detached houses sold for an average of £300,000 and terraced properties for an average of £156,000. The average property price was over £197,000. In 2020, prices had grown by 7 per cent from the 2017 peak. The most expensive places to live in the county include Barnard Castle, East Boldon, Durham, Darlington, and Billingham.
Are you thinking about the possibilities of equity release? See how much you could raise using our equity release calculator.