We understand that our clients may not be able to do the regular 9 to 5 so you can rely on us to work around you.
With over 40 years combined experience here at Coastway Finanacial you can rest easy that you will get the best advice.
We will search for the most suitable mortgage for your individual circumstances, including adverse credit.
Welcome to Coastway Financial. If you are 55 or over, and want to release capital from your home, we can help! Equity release schemes are the ideal solution for creating some capital, without costly monthly repayments.
There are two main varieties of equity release: Lifetime Mortgages and Home Reversion Plans.
Home reversion plans let home owners sell anywhere up to 100% of their home, while still being able to live in it. They can receive a lump sum or regular payments, or a mix of both, if they prefer.
Lifetime mortgages let you release tax-free cash from your home, with a loan secured to your property. The loan is raised against the value of the property, and repayment isn't needed, until you move in to long term care, or pass away. These mortgages give you the opportunity to receive a cash injection, without needing to move or downsize your property.
Both of our equity release products are regulated by the Financial Conduct Authority.
If you're a homeowner who is going to be retiring soon, or is already retired, equity release is a great option for a cash injection. There are a selection of equity release solutions available, from a range of different brokers. This means that it's even more essential that you use equity release professional to help you find the perfect one for you.
Equity release gives homeowners the chance to use their property as collateral to get a lump sum or regular payments of cash. Equity release is a great way to get financing for simple things like enhancing your property, helping loved ones to get on to the property market, or paying for a life event.
Two of the many benefits of equity release is that there is no affordability calculator and no monthly fees. Payment is simply taken once your property sold, or after you die. Eligibility will be based on your age, your property type and where you are located.
For further information on equity release in Hastings, East Sussex, and trustworthy independent financial advice, contact us today. Call us today on 01323 335 007 or email enquiries@coastwayfinancial.com and we will be happy to answer any questions. Click here for the Privacy Policy.
YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
