🏡🔧 Are you wondering how you’re going to be able to afford to make the improvements you want to make to your home? If you’re a homeowner aged 55 or over Equity Release might just be the solution you've been looking for.
💰 Sometimes we want to make modifications to our home that stretch beyond our current budget.
🔓 An Equity Release Lifetime Mortgage enables you to access funds tied up in your home, enabling you to afford those changes that you want to make.
🏦 One option would be to consider a standard mortgage for the funds required.
💰 However, if income is a barrier for a standard mortgage, Equity Release could be an alternative solution.
💡 With a Lifetime Mortgage, the amount you can borrow is based on your age and the value of your property, rather than income affordability.
⚖️ You can choose to have a plan with no committed monthly payments but have the option to make voluntary repayments if you wanted to, which would reduce the amount of interest that accumulates over time.
💡 This means you have flexibility and control of the debt.
🌟 If you would like to find out more about this or anything else to do with Equity Release, drop me a message, I’m here to help.
My name’s Lyn Palmer from Simplified Equity Release.
📱07887885182
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.
A fee may be charged for mortgage advice, the exact amount will depend on your circumstances.
