How much money can I have with Equity Release?

How much money can I have with Equity Release?

Ownership

With lifetime mortgages, you always retain ownership of your home, and any increase in its value is yours. 

Ownership

With lifetime mortgages, you always retain ownership of your home, and any increase in its value is yours. 

No-Negative-Equity Guarantee

All Equity Release Mortgages come with a no-negative-equity guarantee. 

This means that the balance on your mortgage will not at any time exceed the value of your property 

No-Negative-Equity Guarantee

All Equity Release Mortgages come with a no-negative-equity guarantee. 

This means that the balance on your mortgage will not at any time exceed the value of your property 

A Regulated Industry

Equity release products are safe, as they are regulated by the Financial Conduct Authority (FCA), and governed by the Equity Release Council (ERC).

A Regulated Industry

Equity release products are safe, as they are regulated by the Financial Conduct Authority (FCA), and governed by the Equity Release Council (ERC).

Please contact us with your Equity Release enquiry

Please contact us with your Equity Release enquiry

Simply enter your details below for us to help you.

By submitting information through this website, you have given your agreement to receive verbal contact from us to discuss your Equity Release requirements. You voluntarily choose to provide personal details to us via this website. 

Personal information will be treated as confidential by us and held in accordance with the Data Protection Act 2018.  You agree that such personal information may be used to provide you with details of services and products in writing, by email or by telephone.

Simply enter your details below for us to help you.

By submitting information through this website, you have given your agreement to receive verbal contact from us to discuss your Equity Release requirements. You voluntarily choose to provide personal details to us via this website. 

Personal information will be treated as confidential by us and held in accordance with the Data Protection Act 2018.  You agree that such personal information may be used to provide you with details of services and products in writing, by email or by telephone.

By submitting this data, I am consenting to the use of my data in line with our  Privacy Policy

By submitting this data, I am consenting to the use of my data in line with our  Privacy Policy

What is 3 + 5 =

What is 3 + 5 =

This will depend upon your circumstances, and is specifically determined by your age and the value of your property.

This will depend upon your circumstances, and is specifically determined by your age and the value of your property.

  • The age of the applicant. Note that if there are two names on the form, the lender will use the age of the younger applicant on which to base their lending decision. 
  • With an Equity Release Mortgage, the older the applicant is, the greater the borrowing potential. 
  • The value of the property: as with traditional mortgages, borrowing will be calculated from the loan to value ratio (LTV). 
  • To protect Equity Release Mortgage borrowers, the maximum LTV ratio is typically no more than 50%.
  • The age of the applicant. Note that if there are two names on the form, the lender will use the age of the younger applicant on which to base their lending decision. 
  • With an Equity Release Mortgage, the older the applicant is, the greater the borrowing potential. 
  • The value of the property: as with traditional mortgages, borrowing will be calculated from the loan to value ratio (LTV). 
  • To protect Equity Release Mortgage borrowers, the maximum LTV ratio is typically no more than 50%.
  • Access to funds that are otherwise tied up in your home
  • Provides a lump sum and/or income
  • Funds can be used for a variety of purposes, such as home improvements, gifting to children or grandchildren, a new car or holiday
  • Ability to "roll up interest", thus avoiding the need to make monthly repayments
  • No-negative-equity guarantee
  • Ability to fix the interest rate for the life of the mortgage
  • Access to funds that are otherwise tied up in your home
  • Provides a lump sum and/or income
  • Funds can be used for a variety of purposes, such as home improvements, gifting to children or grandchildren, a new car or holiday
  • Ability to "roll up interest", thus avoiding the need to make monthly repayments
  • No-negative-equity guarantee
  • Ability to fix the interest rate for the life of the mortgage

What factors determine the maximum amount that can be borrowed in an Equity Release Mortgage?

What factors determine the maximum amount that can be borrowed in an Equity Release Mortgage?

Benefits of Equity Release

Benefits of Equity Release

Is Equity Release safe ?

Is Equity Release safe ?

Home > Mortgage > Equity Release > How much money can I have with Equity Release

Home > Mortgage > Equity Release > How much money can I have with Equity Release

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