Equity Release in Essex
What is Equity Release?
With a standard re-mortgage on your home to access funds on the value of your property, you would be taking out a loan subject to income and monthly repayments. However, if you aged 55 or over, there are a huge range of plans that will allow you to release money from your property without any monthly repayments to make, along with the security of knowing that you can stay in your home for life.
You may want to release the money for that holiday of a lifetime you have always dreamed of taking, to help your family out financially while you can see them enjoy the money, to make improvements to your home, or simply to enjoy a better standard of living - the choice is yours.
You can choose to take the money as tax-free lump sum, a regular monthly income or a combination of both; you should take as much time and advice as you need to make the right choice for your circumstances.
So for more information on equity release Essex and surrounding areas please do not hesitate to contact us and we will be happy to help in any way we can.