The Drawdown Option
👋Welcome to Information Station 🚂 where we dive into the world of lifetime mortgage plans.
If you're a homeowner 🏡 and you want to release funds from your property, one flexible option you might consider is the Drawdown feature.
With the Drawdown option, you don't take one lump sum upfront 💼. Instead, you set up an initial amount and a reserve.
The best part? You only pay interest on the money you've withdrawn 🌱, not the whole amount.
It's a smart choice if you want to manage your finances 💡 and control the interest costs📊. Plus, you can keep your reserve for future plans and goals 🌟, avoiding interest costs on unused funds.
Curious to find out more about Drawdowns or other equity release options? Call me or send me a message 📩
Thanks for tuning in to Information Station. Stay informed 🧠 and remember, knowledge is power 💪 when it comes to making decisions about your financial future.
For more information use the Contact Me section at the bottom of this page, to send me a message to book in a chat. Or call me on 07887885182.
Comments