Equity release in Kent
Known as the ‘Garden of England’ for its orchards and vineyard, Kent is a highly desirable area to live. It is well known for its coastal beauty and areas of Outstanding Natural Beauty. Significant towns in the county include Canterbury, Dartford, Gillingham, and Tunbridge Wells. Whilst house prices differ over time and between areas, the general trend is always to increase over time.
Did you know that the average house price in 2020 according to Rightmove was over £372,000? Detached properties in the county sold for an average of £574,000, whilst semi-detached homes sold for an average of £377,000. Prices were up 8 percent on 2017 values. In the wake of the coronavirus pandemic, house prices continued to go up as Kent became a go-to destination for Londoners seeking a better quality of life.
If you would like to remain in your home in Kent but have more money for things like travel or home improvements, equity release could be a solution. If you take out a lifetime mortgage, we can find the best product from across the market for your needs. You can stay in your home and have more tax-free money to enjoy as you wish. Call our advisers, and they will be able to learn more about you and your financial situation, so they can offer the best honest and impartial advice.