Gain financial freedom with equity release in Leeds, UK

Are you looking to release equity from your property in Leeds, without having to sell or move home? Contact our specialist equity release advisors to discuss your requirements. We are an independent equity release company and our team has access to the whole of the market, so we can search for a product that suits you. We are professional, trusted, and recommended – and will always put our clients’ best interests at the heart of what we do.

Equity release is a way of releasing money from your property without having to sell or move. If you are a homeowner aged over 55 and are looking for ways to release some funds in later life to enjoy retirement,  to go on holiday, to renovate your home, or to help friends and family, equity release might be a good option for you.

Do you qualify for equity release?

  • Are you a homeowner over the age of 55?
  • Do you wish to borrow over £10,000?
  • Are you able to clear an existing mortgage by releasing equity?
  • Do you own your home and is it worth at least £70,000?

We know that the decision about whether or not to release equity from your property is not always an easy one. Our expert advisors are here to help you understand more about later life mortgages and if equity release is the right path to follow. They will talk through all the different products available, make tailored recommendations, and will always make you aware of how any equity release mortgage might impact your financial future and that of your family.

Unlike many other companies that are tied to certain providers, we have access to the whole market of products and we’ll always take time to get to know you, and all the relevant information we need. We want you to make an informed decision, so we will always tell you about the options that are at your disposal. There is never any pressure to proceed but if you decide, equity release is a good option for you, we will offer guidance and support throughout the process of releasing money from your property. Read our blog on: Is equity release safe?

To discuss your financial future and over 55 home loans, call now on 0333 000 2097.

What is a lifetime mortgage? All about equity release mortgages in Bradford

The most common type of equity release product is called a lifetime mortgage. A lifetime mortgage lets you release equity from your home in a lump sum of money. You do not need to make any repayments so the interest can be added to the mortgage monthly to ‘roll up’ over time. This is then paid off when you move into long-term residential care or pass away. There are also products that allow you to pay off some or all of the interest if you wish to avoid it rolling up.

The other type of lifetime mortgage is known as a drawdown lifetime mortgage, which lets you release an initial amount of money, while also creating a reserve of further funds that you can release as and when they are needed. Interest is only added to the amount that you access.

  • Tax-free lump sum of cash or smaller amounts to be spent as you wish
  • Continue to live in and own your home
  • No negative equity guarantee
  • Choose to make a monthly repayment of interest if you wish
  • Low interest rates are fixed for life
See how much you can release

Your Leeds home and property prices: Why release equity?

Here at Access Equity Release, we are FCA-regulated and authorised and members of the Equity Release Council, a not-for-profit organisation that is the recognised industry body. All products we suggest have a ‘no negative equity guarantee’, which means that you or your beneficiaries will never owe more than the value of your home and any shortfall cannot be passed onto your estate for settlement.

We understand that many homeowners in Leeds are looking for ways to boost their retirement income. In 2021, the property site Rightmove stated that the average price in the area over the previous year was just over £225,000. Overall sold prices had risen dramatically and were up 9 per cent on 2019 and 15 per cent on the 2018 peak.

Leeds has always been popular with great transport links, a vibrant city centre packed with retail and restaurants and is surrounded by picturesque countryside. According to figures from the Office of National Statistics, some of the most popular areas that have seen the biggest rises include Kinningbeck, Seacroft, Adel, and Wharfedale.

If you are keen to see how much you could raise through equity release, please use our equity release calculator.

See how much you can release

How can equity release change your life in Leeds?

Once money has been released to you, the choice of what to spend it on is entirely down to you. There are no restrictions whatsoever. So, whether you want to go on holiday, invest in a new kitchen, or simply play off your current mortgage, the choice is yours.

  • Turn your travel dreams into reality with a once-in-a-lifetime holiday
  • Breathe life into your home with renovations or refurbishments
  • Clear existing loans so you are no longer having to make repayments
  • Help with regular bills and day-to-day living costs
  • Pay off our current residential mortgage
  • Afford private medical treatment or care at home
Try our easy-to-use calculator

Request a callback from our advisors

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

    For qualified equity release advice in Leeds, call Access Equity Release

    Do you have questions about equity release mortgages or home reversion schemes in Leeds? Call us now on 0333 000 2097 or email info@accessequityrelease.com and we will be delighted to help.

    Appointments available in :-

    Beeston Farnley Killingbeck Kirkstall Bramley Meanwood Churwell Gildersome Stanningley Adel Dewsbury Harrogate Wetherby Tadcaster