Equity release

Our equity release service helps older homeowners to tap into the value of their home.

You’ve worked hard all your life to pay for your home. Why not benefit from some of that equity now to help fund your retirement plans?

Some of the common reasons for releasing money include:

  • Home improvements
  • Topping up monthly income in retirement
  • Buying a new car
  • Taking a special holiday or funding more holidays
  • Paying for healthcare
  • To give money to children or grandchildren

To benefit from equity release you will need to be:

  • Aged 55 years or over
  • Be the legal owner(s) of your property

What is equity release?

If you have owned your home for a number of years you will probably have noticed its value increase over time. Equity release allows you to access a cash sum from the value of your property.

To benefit from equity release you will need to be:

  • Aged 55 years or over
  • Be the legal owner(s) of your property

You can choose to pay back the equity you release from your property or, more commonly, the loan and interest will be paid back when your property is sold.

Equity release is a good option if you want to release some of the money held in your property.

There are a number of options available which include:

  • Lifetime Mortgages
  • Drawdown Plans
  • Home reversion Plans
  • Interest Only Mortgages
  • Capital repayment options

Equity release may require a lifetime mortgage or home reversion plan. To understand the features and risks, ask for a personalised illustration.

If you are interested in finding out more about our equity release service,
please contact us on 01823 413113 or info@jh-ms.co.uk

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