Equity
Expert Equity Release: Assisting You Every Step of the Way
Before applying for an equity release loan, you must make sure that you clearly understand what you are getting into. You must know all you need to know regarding releasing equity from your property since it will greatly affect your retirement and your finances as well. It would be better to ask the help of the experts. At Expert Equity Release, we guarantee that you will be guided every step of the way. All you need to know about the different equity release schemes available will be explained to you clearly and comprehensively by our team of friendly and qualified agents. Our agents have years of experience and expertise on equity release. We, at Expert Equity Release will treat you with dignity and respect. We will only recommend the scheme that truly fits your circumstances.
Equity is the value of your property less the unpaid balance of the loan you have secured on it. The money you will be getting from the equity is already yours and is tax-free. You can spend it on anything and anywhere you want to. When we talk of equity release, it is therefore the releasing of some of the money tied up to your property. When availing of an equity release you still have the right to live in your house for as long as you want. Repayment will be made after the planholder’s death or when you decide to move out permanently. The schemes include: equity release lifetime mortgage; drawdown plan; and home reversion plan.
Before you make your decision, we will see to it that you fully understand what an equity release loan is all about. Its advantages and disadvantages to you and your family will be explained truthfully. All the pros and cons of applying for an equity release will be presented to you honestly and clearly. After evaluation we will be sending you a written report regarding your application. The report will include our research and recommendations. Should you wish to continue with the application we will assist you in all of the application process. We will only recommend equity release providers that are members of SHIP (Safe Home Income Plans). SHIP is an organization of equity release providers that is aimed at protecting the planholders. All their plans include a ‘No Negative Equity Guarantee’. The loan you will be getting from these plans will be no more than the value of your property. This will leave no debt on your estate after your death. For more information, you can visit our website at www.expertequityrelease.co.uk.