Premier Equity Release only operates with lenders who can guarantee that the interest rate payable will not rise above an agreed level during the lifetime of the Equity Release Mortgage Plan.

Your Equity Release Mortgage Plan should be arranged with a lender that has a ‘negative equity guarantee’; this means the lender guarantees that you or your estate will not have to make up the shortfall in the event that the property is sold for less than the amount of the outstanding loan.

This is a very valuable guarantee and Premier Equity Release only operates with lenders that provide this safeguard for you and your beneficiaries. In addition many lenders now offer fixed or capped rate equity release mortgage plans which stipulate that you will never pay above a certain interest rate during the life of you Equity Release Mortgage Plan regardless of what happens to interest rates generally.

A FEE OF £195 PAYABLE AT THE OUTSET AND A FURTHER FEE OF UP TO 2.5% OF THE LOAN PAYABLE WHEN YOU APPLY FOR AN EQUITY RELEASE PRODUCT, OUR TYPICAL FEE IS £600