Equity Release Adviser Ashby de la Zouch
Finding the right equity release adviser in Ashby de la Zouch is so important. Even more so when you’re heading towards or starting your retirement, you may find yourself wanting a little extra money for any number of reasons: people are living longer, you may have unexpected demands on your finances from family, or your pension(s) may not be living up to expectations.
This can feel as though you have no freedom to achieve any further life goals. It’s often forgotten that a large proportion of your wealth is locked up in your property.
Equity Select have been helping people throughout Ashby de la Zouch understand more how equity release mortgages work and advising whether it’s the right option for them.
Our Ashby clients ask, “What is equity release?”
Equity release is a product designed for those over the age of 55 who would like to release some of the wealth tied up in their property without having to sell it. The equity released comes to you tax free in the form of a mortgage with a fixed rate of interest. Typically, the borrowed money along with the accrued interest, is repad to the mortgage lender upon passing away or moving into long term care.
Do I need advice to release equity from my home?
Yes, equity release mortgages are only available through suitably qualified advisers like Equity Select.
Am I eligible?
If you’re a homeowner aged 55 or over with a property in Ashby de la Zouch worth at least £70,000, then you may qualify for equity release.
The amount of equity you can release depends on your age, your health, and the value of your property. If you would like an indication of how much equity you could release from your home, try our equity release calculator below:
Equity Release Advice Ashby de la Zouch
If you’re an Ashby homeowner over the age of 55 and would like to find out more about equity release Equity Select offer free consultations face to face or over the phone. Fill in the contact form below or give us a call today to arrange a no obligation appointment.
In the meantime why not have a look at our website where we explain the equity release process, the different options available, and look at what the equity release money can be used for – Equity Release Ashby de la Zouch
What areas do you cover for equity release services?
From our Ashby office we cover a wide area including Coalville, Derby, Derbyshire, Nottingham and Leicester to name but a few locations. We are more than happy to come to you to discuss if equity release is right for you. We will always give the best advice for you and as a respected equity release adviser in Ashby de la Zouch, you can rest assured that we always put your needs first!
See our other services on our Ashby de la Zouch office page.
“I recommend Allan and his team more than anything. Helped us get our house with nothing to worry about! Just a great person and lovely no hassle experience, would be going to him when we will remortgage :) Definitely recommend him!”
You could potentially release:
How much equity can I release? Try our Equity Release Calculator!
The amount of equity you can release depends on your age, your health, and the value of your property. If you would like an indication of how much equity you could release from your home, try our equity release calculator below:
You could potentially release:
You could potentially release:
The amount shown is only an indication and isn’t guaranteed. To calculate this amount, we compare your age and property value to our “loan to value” table. This allows us to work out what percentage of your home’s value is available to you.
For a personalised illustration, please contact us directly.