Financial Freedom in Retirement
Home Equity Release also known as a Lifetime Loan, is especially designed for Seniors to release some of the equity built up in their homes without having to sell their home or move. The funds can be used for anything you require.
Summary of Features
Borrowing is capped based on the registered valuation of the property and the age of the applicant. Please refer to the table below:
| Age of Youngest Borrower | Maximum % of Home Value Available |
| 60 |
15% |
| 67 |
22% |
| 70 |
25% |
| 73 |
28% |
| 80 |
35% |
| 84 |
39% |
| 90 and over |
45% |
- Interest rates can be locked in or variable
- No repayments are necessary
- Voluntary repayments are optional
- Your home will remain the place you live in for as long as you choose
To ensure you are completely happy with your decision your choice of Solicitor will carry out your legal work with your best interests in mind.
Our providers are Sentinel
For more information on how this could be of benefit to you please contact Kathy Wright-St. Clair (Accredited Home Equity Release Adviser), to discuss your options.
|
|