Unlock Your Home's Value, Secure Your Future
Struggling financially, need extra funds to live the life you want, or want to support your loved ones?
If you're 55+, I can help!
Maintain 100% ownership and continue living in your home while unlocking its value. Say goodbye to financial worries and hello to a brighter future!
Equity Release Adviser Lyn Palmer
FPC, CeMAP, CeRER
Equity Release Calculator
Want to find out how much you could release?
Use this equity release lifetime mortgage calculator to find out how much you could release from your home based on your age and the value of your home.
This is a lifetime mortgage. To understand the features and risks ask for a personalised illustration. Check that this mortgage will meet your needs if you want to move or sell your home, or you want your family to inherit it. If you are in any doubt, seek independent advice.
Common Uses for Equity Release
Clearing Existing Credit Cards, Loans or Mortgages
Gifting Money to Family
Going on Holiday or Replacing the Car
Paying for Home Care
What is Equity Release?
You get to stay in your own home
Equity release can be seen as an alternative to downsizing. You can use the extra money to boost your pension pot
You won’t have to make any monthly repayments
You won’t need to repay the loan or the interest until your home is sold when you die or move out permanently into residential care.
You’ll never owe more than the value of your home
Lifetime mortgages provided by members of the Equity Release Council offer a ‘no negative equity guarantee’. Ensuring no debt can be transferred to your family after your home has been sold.
You can access the money when you need it
You can choose to take out a lump sum, or with a drawdown lifetime mortgage you can access smaller amounts of cash over time. You won’t be charged interest on the pot of money until you decide to use some of it.
You could avoid paying inheritance tax
Equity release can be a way for you to give your family a cash gift, avoiding inheritance tax. Inheritance tax rules can be very complex, so make sure you seek professional advice.
*Inheritance tax planning is not regulated by the Financial Conduct Authority.
Call me today to see if Equity Release is right for you