Equity release mortgages and the property market in Winchester
Are you looking for a free and no-obligation consultation about equity release products in Winchester? Let our experts help guide you. Here at Access Equity Release, we provide a trusted and quality service to homeowners who want to explore whether equity release would be a good option for them during retirement to boost their finances. We can provide helpful and unbiased advice about all types of equity release and lifetime mortgages. Known as the Cathedral City, Winchester is Hampshire’s best-known town and offers vibrant city living in a countryside setting. It also has close transport links to London, Portsmouth, and Southampton. If you own a home in Winchester, then it will have grown in value significantly over the years.
According to Rightmove in 2020, the average price of houses in the city was just over £604,000, whilst detached properties in the area selling for £905,000. The most common sales were terraced properties that sold for an average of £497,000, whilst semi-detached home fetched £606,000. In 2020, house prices were up 8 per cent since the previous year. Two of the most expensive streets in the county are here – Sleeper’s Hill and Church Lane, which both boats average property prices of over £2million.
If you would like to know more about equity release and discuss your circumstances, we can meet with you and will be able to talk to you about your financial goals and the wider implications of equity release. We are happy to come to your home or meet at another convenient location, as well as talk over video or by phone.