Releasing equity and Southampton house prices
Equity release really can be a route to understanding and fulfilling your financial goals. Our equity release advisers will be happy to discuss your situation in confidence and without obligation. We understand there are many equity release specialists out there but our experts can visit you to ensure that you and your family fully understand the options available to consider. All advice will be tailored to your unique circumstances.
Do you own property in Southampton? Chances are that its value will have increased greatly over time. According to 2020 numbers from Rightmove, the average property price in the area was over £256,000. The majority of sales in the year were flats, selling for an average of £163,000, with semi-detached homes fetching an average of £272,000. Overall in 2020, prices were up by 4 per cent from the previous year and 8 per cent from the 2018 peak. According to the land registry, prices had increased by an overall 31.93 per cent over five years between August 2015 and August 2020. Hotspots in and around the city include Ashurst, Park Gate, and Hamble.
Our advisors can get to know you and your aims to help you explore the various options. All plans will always be tailored to your needs and we have access to the whole of the market, with some of the lowest and most competitive rates.