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🌟Want to retire but your mortgage is stopping you?

Writer's picture: Lyn PalmerLyn Palmer

💡 If you’re aged 55 or over Equity Release might just be the solution you've been looking for if you don’t have sufficient savings to clear your mortgage.


🔓 An Equity Release Lifetime Mortgage enables you to access funds tied up in your home, which you could then use to clear your existing standard mortgage.


💡 With a Lifetime Mortgage, the amount you can borrow is based on your age and the value of your property, rather than income affordability.


🔒The interest rate for a lifetime mortgage is fixed for life and it is only required to be repaid after you, or the last remaining applicant, dies or moves into long term care. 


🏡However, you still have options to move home in the future if your circumstances change.

⚖️ 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.



📱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.






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Email: Lyn@simplifiedequityrelease.co.uk

Phone: 07887 885182

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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.

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