Should You Use Equity Release?
Equity release can be a great option if you are a homeowner who is either coming up to retirement, or is retired. There are a wide range of different equity release solutions on offer and a variety of brokers, so it's essential that you make sure you're using an expert in the services available.
How Equity Release Works
For homeowners, equity release schemes can help you to access money as a lump sum, or regular payments (or both these things). They can then be utilised for many different things, including helping family to get on the property ladder, for big life events, or for enhancements to your home.
There are no monthly fees or an affordability calculator for equity release. All payments are either made once your property is sold, or after death. The crucial elements are your age, what kind of property you have and where your property is based.
Our advisers can find you the ideal plan for your needs. If you would like further information on equity release in Hailsham, East Sussex, please call us today on 01323 335 007 or email enquiries@coastwayfinancial.com.
YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.