Equity Release Services, East Sussex
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.
What is Equity Release?
There are two main varieties of equity release: Lifetime Mortgages and Home Reversion Plans.
What is a Home Reversion Plan?
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.
What is a Lifetime Mortgage?
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.