What is equity release? The value of your property, minus any mortgages or loans secured against it, is known as the ‘equity’. Equity release schemes allow you to access the equity in your property without needing to move home. Here at Access Equity Release, we are equity release experts who work for clients in Cheshire who wish to find out more about their financial options in later life. This may include lifetime mortgages, home reversion schemes, and retirement interest-only mortgages.
To apply for a lifetime mortgage, you must be over the age of 55, a UK resident, and own your own home. Here at Access Equity Release, we can search across the whole of the market to find the right product for your individual circumstances. If you are thinking about accessing equity through an equity release mortgage, it is essential that you seek independent financial advice from a qualified advisor.
We offer no-obligation consultations with no pressure to proceed and we encourage friends and family members to be involved in the discussion. We are authorised and regulated by the Financial Conduct Authority (FCA) and are members of the Equity Release Council. This means all the products that we recommend come with a ‘no-negative equity guarantee’ meaning that you will never owe more than the value of your property.
We enjoy getting to know our clients individually and can offer both face-to-face appointments and video and phone consultations. During these sessions, we will:
- Look at whether equity release is a suitable route for you
- Look at alternative options, such as residential mortgages or retirement interest-only mortgages
- Examine how equity release works and its impact on you and others
- Offer personalised recommendations based on your individual needs
For more details, please call us now on 0333 000 2097.