Equity release
Equity release is a way of releasing the wealth tied up in your property without having to move home. You can borrow against the value of your home in exchange for a tax-free lump sum with no monthly repayments. You retain full ownership of your home. If you are 55 or older and own your own home you could be eligible for a lifetime mortgage.
A Lifetime Mortgage is a type of mortgage where you can choose to extract your funds in a single lump sum and/or smaller amounts over time. The loan and the accrued interest can be repaid at any time but must be repaid by your estate when the last person living in your home either dies or move to permanent long-term care.
The amount that can be released is dependent on your age and the value of your property.
A lifetime mortgage will be secured against your home. Think carefully before securing a loan against your property. To understand the features and risks, please ask for a personalised illustration. We do not give advice on Home Reversion plans.
If you would like to speak to us about Equity Release, please call or complete the enquiry form.
Equity Release Publications
Equity Release Fact Sheet
A leaflet to provide additional details on Equity Release. Equity Release can be a highly valuable extension to your retirement planning and a simple, efficient option to help deal with issues surrounding Inheritance Tax.
Equity Release Myth Busters
Lifetime Mortgages have changed significantly over the years. Despite this, there are still myths that need dispelling.
10 Top Tips when considering Equity Release
With equity release you can use some of the money tied up in your home to get a tax-free lump sum. You can spend this on whatever you like. Used wisely, it can help create a more comfortable retirement for you and your family.
Equity Release Publications
Equity Release Fact Sheet
A leaflet to provide additional details on Equity Release. Equity Release can be a highly valuable extension to your retirement planning and a simple, efficient option to help deal with issues surrounding Inheritance Tax.
Equity Release Myth Busters
Lifetime Mortgages have changed significantly over the years. Despite this, there are still myths that need dispelling. Vanessa has written the facts about Equity Release for each of the common myths.
10 Top Tips when considering Equity Release
With equity release you can use some of the money tied up in your home to get a tax-free lump sum. You can spend this on whatever you like. Used wisely, it can help create a more comfortable retirement for you and your family.
How client’s spend their ER money
In 2022 our clients used the money they released for many different reasons and often a combination:
Read our clients stories
Helen and Graham’s story
Helen and Graham’s story Helen and Graham have both been self-employed for most of their working lives. Graham is in the construction industry and has had to reduce his work significantly in the last 12 months because of a recurring back problem. Helen has seen a...
Steve and Angela’s story
Irene’s story Steve and Angela live in Penn Street and are both in their mid to late 60s, retired with 2 grown-up daughters and 1 grandson. They have lived in their house for almost 40 years. They would like to help their youngest daughter with renovations to her...
Irene’s story
Irene’s story Irene, 81, is enormously proud of her granddaughter, Chloe. She has watched her grow up and qualify as an engineer and get a great job, working in London. At age 27, Chloe is still living with her parents, Tom and Jacky, commuting and saving hard for a...
In 2022 our clients used the money they released for
many different reasons and often a combination:
%
Spent money improving their homes or on a car
%
Helped family members with house deposits and school fees
%
Repaid their existing mortgage and other debts to reduce their monthly outgoings
%
Supplemented retirement income
Source: fm’s clients 2022
Member of the Equity Release Council.
Enquiry form
When you press SUBMIT, 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 General Data Protection Regulation. 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.