Why release equity in Northumberland?
Equity release is an attractive proposition for many homeowners in Northumberland who wish to tap into the value of their home without the need to move. Here at AER, we always provide a personal and bespoke service where we can come and visit you at home, at work or another convenient location, so we can take time to learn more about your financial goals.
Widely considered as one of the UK’s finest counties, Northumberland boasts historic castles, rolling countryside, stunning coastline, and bustling market towns. According to Rightmove, the majority of property sales in 2020 were detached homes that sold for an average of just over £369,000. Semi-detached and terraced houses sold for an average of £180,000 and £151,000, respectively. The average property price was over £180,000. In 2020, prices had grown by 13 per cent from 2019 and 16 per cent from 2018.
The most expensive area in Northumberland was Bamburgh, where house prices averaged £626,000.
Use our helpful equity release calculator to find out how much money you could raise through equity release.