What is Equity Release / A Lifetime Mortgage?
Exclusively available to homeowners aged over 55, Equity Release refers to a range of products letting you access the equity (cash) tied up in your home while retaining ownership and without having to move out. You can choose to make repayments or let the interest roll-up. The loan amount and any built-up interest is paid back by selling the property when the last borrower dies or when they move into long-term care.
Whilst this can be a fantastic option in some cases, whether equity release is the right solution for you depends on your own personal circumstances and it is important to fully consider the implications and plans for your future.
Reasons to Consider Equity Release?
Retirement Income or Lifestyle Enhancement
You've worked hard for years and now want to make the most of your retirement
Home Improvements
If your home needs renovations or improvements to enhance its value or accommodate changing needs
Debt Consolidation
Manage multiple debts and reduce your monthly expenditure
Financial Assistance for Family
Support your children or grandchildren with major life events, such as education, weddings, or property purchases.
Healthcare Costs
Pay for unexpected healthcare expenses or planning for long-term care needs
The Benefits of Equity Release!
Financial Freedom
Access the equity tied up in your home to enhance your lifestyle, travel, or fulfill lifelong dreams.
No Monthly Repayments
Enjoy the freedom from monthly repayments, as the loan is repaid only when you sell your home or upon your passing.
Stay in Your Home
Keep the keys to your cherished home while unlocking its financial potential.
Tax-Free Cash
The money you receive is tax-free, giving you more control over your finances.
At Abbey House Mortgages where we specialise in helping homeowners like you make the most of their property's value through Equity Release Mortgages. So, if you're looking to enjoy your retirement to the fullest, fund home improvements, or ease financial burdens, you're in the right place!
This is a lifetime mortgage. To understand the features and risks, ask for a personalised illustration.
This information should not be relied on as a recommendation or advice. You should make an appointment to receive mortgage or insurance advice which will be based on your needs and circumstances. Eligibility subject to underwriting.
Why choose us?
- 01 Expert Guidance
Our Expertise will ensure you receive tailored advice based on your unique financial situation and goals.
- 02 Market Access
We have access to the whole of market, allowing us to compare different equity release products. This ensures you have a comprehensive understanding of available options, allowing you to choose the one that aligns best with your financial objectives.
- 03 Stress Free Process
We streamline the application process, handling paperwork, and communication with lenders. This not only saves you time but also reduces any stress associated with the process.
- 04 Impartial Advice
We work independently and provide impartial advice, ensuring your interests come first. This unbiased approach helps you make well-informed decisions without any conflict of interest.
- 05 Legal and Regulatory Compliance
We are well-versed in the legal and regulatory aspects of equity release. our assistance ensures that your transaction adheres to all relevant regulations, providing you with peace of mind.
Ready to Start? Get in Touch
Thinking about Equity Release? Contact us today!
Our initial advice is completely free, and there's absolutely no obligation. Fees are only charged where you wish to enter into a paid service with us, and will be fully explained to, and agreed by, you before you commit to anything.
Here's What Our Customers Have To Say About Us
Don't just take our word for it, our clients say it better than we ever could!
D Bates
Hucknall
I can highly recommend Cheryl when looking for mortgage advice. I was actually advised that my best option was stay with my current provider and helped me decide on the most suitable rate regardless of the fact it did not benefit her in any way! I will definitely use Cheryl again in the future. Thank you so much for your help!.
Angela Adams
Annesley
Fabulous service received by Cheryl. She took the time to explain all products that were available to me and the pros and cons of each. I was very well informed and have recommended her to my friends and colleagues. 5*!
Emma Eastwood
Bulwell
Cheryl was absolutely brilliant for us, would highly recommend, very professional, caring, and didn't give up until she got us the best deal with our mortgage. She also gave us the very best advice we could have wished for, she really, really helped us and can't thank her enough xx
Oliver Fletcher
Basford
Cheryl was great to deal with. Understood my needs and was quick coming back with suggestions. Will definitely use next time.
Get In Touch
Postal Address:
The Abbey House, 17 Palmer Ave, Hucknall, NG15 7AN