If you've owned a property for a long time then there's a good chance it's gone up in value since you bought it. This can leave you with lots of equity in the property - especially if you've paid off your mortgage in that time too.
It's great having equity in a property, but what do you do if you want to actually get your hands on that cash?
Typically you could take a mortgage out on the property, but as you get later in life you'll struggle to secure one. This can leave people being asset-rich but cash-poor.
Equity release can be the answer for some: It's a way to get the cash out of your property if you don't want to sell and if you can't get a mortgage.
FEATURED ARTICLE
Selling your home and moving into a smaller property can be one way to release equity from your home. It can be a lengthy process though. Our service provides an alternative: We buy your property directly in a swift, simple sale, enabling you to move on quickly and with minimal hassle.
SKI-ing (or "Spending the Kids Inheritance") has become the new normal for the over 50s. Find out if SKI-ing is a good option for you.
We weigh up the pros and cons of downsizing vs. equity release and argue that rightsizing is the new downsizing plus why you should do it.
We purchase homes directly from sellers, offering homeowners a quick, straight-forward sale.
Contact us for a free valuation and offer.
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By buying your home from you at a discount to its full value, we're able to give you:
But this means you will receive less than if you were to sell your home in a traditional sale.
