The Benefits of Lifetime Mortgages & Equity Release Plans
Let us explain how lifetime mortgages can benefit you
- Would you like to release tax- free cash from your home to spend in any way you choose?
- Are you one of many people in retirement that have debt or an outstanding interest-only mortgage?
- Would you like to make your retirement more pleasurable?
- Are you over ages 55 years?
Many people find that coping financially in retirement is difficult or that the extra things they would like to do such as special holidays or perhaps helping family is out of reach.
These are just some of the reasons why more and more people are taking advantage of lifetime mortgages / equity release plans and releasing some of the cash held in their property to make their retirement years morfollowed by smaller amounts as and when needed.
Lifetime Mortgages Explained…
- Choose whether or not to make a monthly interest payment.
- Release larger sums if you have suffered from certain health conditions.
- Have peace of mind that the plans come with a “no negative equity” guarantee.
- Spend the tax-free cash on anything you like such as:-
- Repay debts or outstanding mortgages
- Boost your income
- Help your family
- Make improvements to your home
- Take a well-earned holiday
- Move Home
- Make more of retirement