Recommended equity release company working in East Molesey, Surrey

Are you considering equity release in West Molesey, East Molesey, or Hampton? Access Equity Release are local and professional equity release advisers, who work locally   and can help you understand your options.

If you have been dreaming of a once-in-a-lifetime holiday or are wondering how you can make the best of your retirement without having to worry about your finances, our equity release adviser can help you decide whether equity release is the right choice for you and will offer expert advice and clear guidance. If it is appropriate, he will search the whole of the market to find the right product for you.

Releasing equity from your home is an important decision. Our over 55 home loan advisors will always act in your best interests. We are members of the Equity Release Council (ERC), the industry body that works to ensure best practice across the sector. We abide by the ERC’s code of conduct to guarantee our standards when we advise our clients about lifetime mortgages and home reversion schemes.

To discuss retirement mortgages, please ring your local equity release specialists now on 0333 443 9825

Meet Martin Wade – Your local equity release adviser

I have been providing advice around property, mortgages and equity release since 2000 and am very lucky to thoroughly enjoy my job.

I have seen family members and the parents of friends benefit from equity release and feel proud to have been able to help.  There is a lot to think about before entering in to an equity release mortgage but I am sure I am able to answer all of your questions and ensure that in doing so, you make your decision fully informed whatever you choose to do.

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martin-wade-equity-release-adviser

Martin Wade

Reasons to choose our East Molesey equity release company

It is important when thinking about equity release in neighbouring Hampton or Sunbury to secure the guidance of experts who can help you decide on the right choice for you. Equity release is sometimes not the best choice for everyone. Here are some reasons to use our qualified equity release specialist:

  • Our equity release advisers are completely independent giving us access to all equity release products on the market. We are not restricted to one lender or a panel of lenders, so we can help you find the product that is best suited to you.
  • We will never use confusing language and will ensure you understand every aspect of equity release by using clear and accessible language.
  • Our advisers are members of the Equity Release Council and have decades of experience in the financial sector and are equity release specialists, so we really know what we are talking about.
  • Our award-winning team is honest, professional, and helpful and we will always work in your best interests.
  • We encourage family or close friends to attend meetings if you wish so you can feel confident that you are making the right decision for yourself and those people around you.
  • We always take time to get to know our clients, so we can tailor all advice around their personal circumstances and financial situation.
  • We only do equity release and as a result of our work have won the Moneyfacts ‘Best Equity Release Adviser 2019’ award.
explainer video thumb - Equity Release Advisers in East Molesey
explainer video thumb - Equity Release Advisers in East Molesey

How do equity release schemes work?

Equity release unlocks the wealth in your home to help you strengthen your financial position and use your tax-free cash how you wish. This could be to make home improvements, pay off existing debt, go on holiday, help friends and family, or help with regular bills so you can enjoy a more comfortable retirement. The equity in your home is the difference between the value of your property less any mortgage you still have. Equity release allows you to take some of that value and in most cases, you will not be required to make any regular payments, unlike a normal mortgage. See our equity release myth buster to dispel myths around over 55 home loans.

You must be over 55 years of age and the amount of money you can release depends on a number of factors – see our equity release calculator to estimate how much you could raise.

Try our easy-to-use calculator

Lifetime mortgages and help with retirement mortgages in East Molesey

A lifetime mortgage is the most popular form of equity release (as opposed to home reversion plans). A lifetime mortgage is a loan secured against your home that is typically repaid when you pass away or go into long-term care. You retain full ownership of your property and there are not usually any repayments to make.

We will always:

  • Help you consider the most appropriate way to generate cash or income. We also can look at other financial products, such as residential mortgages.
  • Highlight the costs and risks involved in any equity release plan.
  • Show you how the value of your estate will decrease which can be beneficial with IHT planning.
  • Talk about the implications for your family.

Request a callback from our advisors

    Here are some answers to the most frequently asked questions about equity release.

    With a lifetime mortgage – the most popular type of equity release plan – you will always remain the owner of your property. A lifetime mortgage is a loan secured against your home.

    To be eligible for equity release you must fall into a handful of criteria. These include: You must be over 55; you must be a homeowner and own property in the UK; and your property must be worth a minimum of £70,000. The minimum age and property value will vary between product providers.

    Yes, an interest-only lifetime mortgage allows you to make monthly repayments. As long as you keep up with these payments, the amount you owe will never increase. Unlike conventional mortgages, the interest rate for lifetime mortgages can be fixed for life.

    Releasing equity from your home will not affect your state pension, but could affect other means-tested benefits that you may receive in retirement, including pension credits, council tax benefits, and savings credit.

    Equity release is based on your property and age and as long as you meet the eligibility criteria, your credit history will not affect your ability to take out an equity release plan.

    No, not if you do not want to. With a lifetime mortgage, there are typically no monthly repayments to make as the loan, plus rolled-up interest, is repaid when the plan comes to an end.  This is usually when the mortgage holder passes away or moves in to full time care.  If there are two mortgage holders then this happens when both have passed away of moved into care.

    Speak to one of our friendly team
    Call our equity release team on 0333 443 9825

    Contact our equity release specialists in Molesey and Long Ditton to find out more

    If you would like further information about equity release, talk to one of our advisers near you in Molesey now. They can be reached on 0333 443 9825 or via email at mwade@accessequityrelease.com

    Appointments available in :-

    • West Molesey
    • Sunbury
    • Hampton Hill
    • Long Ditton
    • Thames Ditton
    • Surbiton
    • Teddington
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    FIND OUT MORE

    If you would like to know more about equity release then please get in touch.

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