top of page

🚂 Information Station 🚂

Updated: Jan 23, 2024

No Negative Equity Guarantee 👋 Welcome to Information Station 🚂 where we dive into the world of lifetime mortgage plans. Today, we're focusing on an essential feature that provides peace of mind — the No Negative Equity Guarantee. 🏡💼 Have you ever wondered what would happen if the value of your home were to decrease and your outstanding lifetime mortgage balance were to exceed its worth? That's where the No Negative Equity Guarantee steps in! This guarantee ensures that you or your beneficiaries will never owe more than the value of your home, even if property prices fluctuate. It's a safety net that protects your financial future. 🛡️💰 With this feature, you can confidently unlock equity from your home, knowing that your estate will never be burdened with a debt greater than your property's value. Curious to learn more about the No Negative Equity Guarantee or other equity release options? Drop me a comment 💬 or send me a message 📩. Your questions could be featured in my next video! Thanks for tuning in to "Information Station." Stay informed 🧠, and remember, knowledge is power 💪 when it comes to making decisions about your financial future. Until next time! 🚂

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.




 
 
 

Comments


Let's Connect

Email: Lyn@simplifiedequityrelease.co.uk

Phone: 07887 885182

ERC_Endorsement_Logo_RGB_embargoed-to-March-30-2021-1.png

By submitting these details, you consent to us contacting you via email and telephone, in relation to products and services relevant to your enquiry. Please see the privacy policy for further details

Thanks for submitting!

  • LinkedIn
  • Instagram
  • TikTok
  • Twitter
  • Facebook
Simplified Equity Release has no control or responsibility for the pages you are about to access or where any subsequent link may take you

Equity release may involve a home reversion plan or a lifetime mortgage, which is secured against your property and will reduce the value of your estate and impact funding long-term care.

 

Equity release requires paying off any existing mortgage. Any money released, plus accrued interest would be repaid upon death, or moving into long-term care.

With a lifetime mortgage, if you don't make repayments interest will roll up over time.  This will increase the size of the debt and will reduce the amount left that will be left to your beneficiaries when you're gone.

 

We provide initial advice for free and without obligation. Only if your case completes would our advice fee of £1,695 be payable. Other lender and solicitor fees may apply.

Simplified Equity Release is a trading name of Equity Release Associates Limited, which is authorised and regulated by the Financial Conduct Authority. FCA registered number 932793. Company registered in England and Wales number 12258392. VAT Registered Number 365 5888 43. Registered address, 2200 Century Way, Thorpe Park, Leeds, LS15 8ZB.


The information on this website is intended for guidance purposes only and does not constitute
advice. Furthermore, the information on this website is subject to UK regulatory regime and is
therefore intended for consumers living in the UK only. We are not responsible for the content in
any links to 3rd party sites.

bottom of page