Thinking about releasing equity in Northumberland, UK?
Access Equity Release offers homeowners throughout Blyth, Cramlington, Ashington, Bedlington, and the wider parts of Northumberland the opportunity to choose a Lifetime Mortgage or equity release plan that is right for them and their circumstances.
Our experienced equity release brokers offer independent and impartial advice and have access to the whole of the equity release market. We are regulated by the Financial Conduct Authority (FCA); we can give you the expert advice you need to make the right decisions for you and your family. This is based on our years of expertise, up-to-date research, and knowledge of the market.
More and more homeowners are reaching retirement age and realising that most of their wealth is tied into their properties. House prices in Northumberland have grown considerably over the years meaning that homeowners stand to benefit greatly when they eventually decide to sell their property. Equity release is a way of accessing the capital tied into your property without having to move house.
Equity release money is tax-free and can be accessed in one lump sum or a series of smaller payments. Our qualified equity release advisors will be able to guide you through the process and help you choose the right plan with the features that fit your circumstances. Not everyone will choose to proceed with equity release and we can outline the various drawbacks. We also have access to other financial products including residential mortgages and retirement interest-only mortgages.
Equity release is safe and a highly regulated product with many safeguards in place to ensure it is as safe as possible. We adhere to all rules and guidelines set out by the ERC.
To talk to our equity release specialists, please call now on 0333 000 2097.
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.