Equity Release For Home Improvements
Everyday monthly expenses often mean there is no spare cash to make improvements to your home.
If your property is worth at least £70,000, then a percentage of the equity could be used for renovations which may add value to your house.
Equity release may work for you by:
- Releasing cash to renovate a family home
- Offering a choice of a tax-free cash lump sum or a smaller lump sum followed by a draw down facility
- Allowing you to stay in your family home
- Reducing or even removing the need to make monthly repayments, as the loan is paid off when the property is sold
