Trusted and local equity release experts in Norfolk, UK
What do you know about equity release and later-life mortgage lenders in Norwich, Great Yarmouth, King’s Lynn, or the wider parts of Norfolk? Are you thinking about over 55 home loans and wondering where to turn? Do you about the implications of releasing equity? Equity release is a way to unlock some of the value tied up in your property. If you are aged over 55 and own your own home, equity release could help you enjoy a more comfortable and secure future.
There are various types of equity release, including Lifetime Mortgages and Home Reversion Schemes. Lifetime Mortgages are by far the most popular type of equity release product and like a traditional mortgage, this is a loan secured against your home. You can use the money released however you like and it is completely tax-free.
To release equity from your home, you must get advice from a qualified equity release expert. Here at Access Equity Release, we are independent equity release specialists, covering the whole of the market. We offer you a friendly, helpful, and completely impartial service to help you decide whether equity release is the right choice for you.
Our equity release advisers can offer you face-to-face advice in the comfort of your home or another convenient location and we can guide you through your options. We can search the whole of the equity release market to find a plan to suit you. If we don’t believe that equity release is the right choice, we will always tell you this. We also have access to other products, including retirement interest-only mortgages and residential mortgages. Unless you decide to go ahead, our equity release advice and consultations are completely free of charge.
Our equity release advice and lending is fully regulated by the Financial Conduct Authority (FCA).
To talk to one of our equity release advisors to arrange a free home visit, please call 0333 000 2097.
Releasing equity in Norwich and Norfolk: Looking at the property market
Many older people living in Norwich and around Norfolk find themselves short of money yet own a very valuable property. Some people may think that their only option is to downsize, but this is not always possible or something they wish to do because they are happy in their home.
When considering equity release in Norfolk, it is important to think about how much your property may be worth. Packed to the brim with charming towns, beautiful stretches of unspoilt coastline, and stunning villages, there is much to love about this county.
In 2020, Rightmove said that the majority of property sales were detached houses that sold for an average of just over £374,000. Semi-detached homes sold for an average of £245,000 and terraced properties for an average of £215,000. The average property price was over £293,000. In 2020, prices had grown by 13 per cent on 2019 and 16 per cent on 2018. The most expensive area to live in Norfolk was listed as Thornham.
If you are wondering how much cash you could access, use this equity release calculator tool.