The Best Property Equity Release Scheme Providers In The UK

 

 

 

 

What does Equity Release mean?

 

 

Put straightforwardly, equity release essentially means a financial agreement between a homeowner over 55 and a lender that provides the home owner access to the money and value that is tied up in their home.

 

This value comes in the form of tax-free cash and affords the home owner the chance to enjoy the retirment that they have dreamed of and worked very hard for.

 

For most people, their home is their biggest asset. Equity release is an excellent method of transferring the value of this asset in order that the home owner can take full advantage of their life time of mortgage-payments.

 

Equity release, therefore, turns your home from an illiquid asset that you can not access into what is essentially a pension fund. This means that extra money and financial help is available to you at a time where income is usually relatively low.

 

 

Why go for equity release on my property?

 

 

If you are eligible age-wise for equity release, chances are that you will be coming up to the age of retirement. As wonderful as retirement is with all that free time, it is often a time of budgeting as the opportunities to make money on top of that which has been set aside are slim. Many rely on the stock market for extra cash but with all the turbulence recently, people have lost a lot of money and are likely to continue doing so in the future.

 

Besides, pensions are often budgeted before one knows what it is like to have a lot of free time available. During your working life, days out and visits will have been confined to weekends only due to work constraints. However, having retired, you now find yourself wanting to make the most of your freedom and do interesting things during the week too. Of course, this costs money. Which is where equity release fits in.

 

Equity release can serve as a second pension fund. Think of your lifetime's worth of mortgage payments as the payments into this pension fund. You are able to drawdown regular monthly payments or take a lump sum for a certain expenditure you had in mind. Either way, equity release can help make ends meet or, if ends already meet, help make your retirement the enjoyable experience you have always envisioned.

 

A retirement is seen as the positive light at the end of the working tunnel. However, some retirees will even suggest that they miss working. When asked to expand on this, it turns out that what they realy miss is being active and busy. However, with a set budget coming from the pension, many simply can't afford to keep themselves busy doing things that they value.

 

With equity release, you can be free from financial constraints so that your hobbies, travels and activities are an affordable reality.

Not only is equity release an easy way to fund an enjoyable retirement, it can be used as a way of looking after your loved ones.

 

While some people believe that looking after loved ones requires leaving them an inheritance, many of our customers are thinking beyond this to look after their loved ones when they need it most. One of our customer's sons had emigrated to the USA, leaving them without the possibility of regular visits. The lady took out equity release and now she can afford to see her son and grandchildren on a regular basis.

 

Another customer decided that their grandchildren would be better served by his estate if he were to release the equity to help fund their education. The logic behind this was simple. If he were to leave a will, they would have benefited when they were already capable of earning for themselves. Instead, he decided that equity release would provide them with the best possible education to give them the best start that they otherwise would not have had.

 

There are plenty of reasons to choose to release equity and not one of them can ever be considered selfish or self-indulgent. The point is, you have worked for your retirement and you deserve to enjoy it as much as anyone else. Whether that enjoyment comes from providing for your family, visiting your loved ones, or living your retirement dream with a little panache, equity release is a good way to go about things.

 

 

 

Why choose us here at Property Equity Release?

 

 

If you choose a hassle-free, convenient property equity release service from Property Equity Release UK, the only concern you will have is working out what cause your money would be best put to.

 

Here at Property Equity Release UK, we are aware from our experience that property equity release is a very personal decision. This is why we conduct business in a very personal manner.

 

Our advisors are available to answer any queries you may have; moreso than any website ever could.

 

Call us on 0800 520 0894 for a free, no obligation and informal chat about equity release.

 

We are a responsible provider so when we say no obligation, we mean it. Give us a ring and we will gladly run through any questions you may have about the whole equity release concept; not just equity release from us, but equity release as a concept in itself.

 

 

 

Equity Release Calculator

 

 

Use our equity release calculator below to work out how much equity you would be able to release.

 

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