Equity release specialists offering tailor-made advice in Berkshire, UK
The increase in property prices in recent years means that many home-owning people are sitting on large assets. Here at Access Equity Release, we are award-winning Equity Release specialists, who offer our clients bespoke and professional advice about equity release in Berkshire and the wider areas.
Our equity release advisors pride themselves on delivering a personal service to all our clients, where we can spend time with you to understand your requirements and to offer impartial advice and suggestions. We can look across the market to find a plan with features that are right for you and your personal needs, and unlike some of our other competitors, we can explore some other regulated financial products, including second charge lending and residential mortgages.
Do you ask yourself the following questions?
- Would you like to pay off any existing loans or mortgages?
- Do you want to pay off your credit card in full?
- Would you like to travel more or take a dream holiday?
- Are you thinking about purchasing another property?
- Would you like to make improvements to your home?
- Do you want to help your children get onto the property ladder?
- Would you like more money for a stress-free retirement?
If so, equity release might be a good option for you. With our experience and expertise, we can fully support you and help you to achieve your objectives. Please call us now on 0333 000 2097.
Berkshire house prices and releasing equity
Do you own a property in Berkshire and are wondering how much it could be worth and what that means in terms of equity release? According to 2020 figures from Rightmove, the average property price in Berkshire is over £430,000 with the most demand for semi-detached homes, which sold for an average of £420,000. The most expensive part of the county is the pretty village of Cookham Dean, where houses sell for an average of £1.7million.
There is a huge variety of locations within the county from the royal hotspot of Windsor to the rolling hills of the North Wessex Downs and this variety is reflected in house prices. According to Zoopla, some of the most expensive areas include Pangbourne, Goring, Woodcote, and Wokingham. Whether or not you live in one of these areas or another part of the county, if you bought a property in Berkshire some time ago then you will have seen prices climb over the years. According to estate agents in 2020 after lockdown, there has been a surge of buyers plotting to move out of London into Berkshire, which will increase house prices further.
If you are wondering about lifetimes mortgages in Berkshire and are contemplating what equity release may mean for you, your partner, or your family, please call us. Our award-winning advisers are always on hand to discuss equity release and other financial options so you can make the most out of your retirement. We understand that clients may not want to move away from their homes and communities and equity release can provide a way to live more comfortably whilst still staying in your own home.
Lifetime mortgages and other equity release products in Berkshire
What is equity release? For many of us, our homes are likely to be our single biggest cash asset. Equity release allows you to release some of the equity or money tied up within a property, so you can achieve more financial freedom, without selling your home or having to move on.
This may not always be the right choice for everyone, but we can talk to you about your situation and the options available for you. We will talk through the products, their risks and benefits, and the process and how it works.
Lifetime mortgages are the most popular equity release plans. As the name suggests, these are mortgages secured on the property, and only need to be repaid if you leave the property for any reason, such as going into care, or die. Lifetime mortgages are available for people 55 and over.
The loan can be in a form of a single lump sum or ad-hoc drawdowns of smaller amounts. Interest is added either monthly or yearly, depending on the product. You do not need to make any repayments during your lifetime, although there are products that allow you to do this. The eventual debt, including any interest, is repaid from the sale of the house.
Use our simple equity release calculator to see how much money you could raise.
We are trusted Equity Release Experts
We are regulated by the Financial Conduct Authority and as such, follow strict guidelines to ensure we provide the very best level of advice at all times
Read more on our blog about how to choose an equity release advisor.
We prefer to meet you face to face, so we can talk through the options at your leisure and we are more than happy to travel to a place that is convenient for you. We offer a free initial consultation to tell you more about what we do.