What is Equity Release?
How Does Equity Release Work?
If you own your home in Bournemouth outright, or only have a small mortgage remaining, you could be eligible for an Equity Release plan. You also need to be 55 or over. The cash you release from your property will be paid as a tax-free lump sum or in instalments and no repayments will be due while you remain in your home, so it won’t impact your monthly expenses.
Instead of making payments on a monthly basis, the money will be repaid when the house is sold, either when the owner passes away or moves into care. Explore Equity Release explained to see how it works in more detail.
What Can I Fund by Releasing Equity?
When you release equity, you can spend the money on whatever you like. There are no restrictions, and the cash is yours to use how you wish, whether that means a holiday, home improvements, or topping up your savings pot. Many people release equity to improve their quality of life for the years ahead, so whatever a brighter future looks like for you, Equity Release can help you achieve it.
At Premier Equity Release, our job is to help you find an Equity Release plan that matches your needs, while always offering honest, jargon-free advice you can trust. See how other people like you have spent their money by taking a look at our customer stories.
Get to Know Premier Equity Release
An independent broker and member of the Equity Release Council, Premier Equity Release takes a different approach to releasing equity. We put you and your finances first, ensuring that you understand and feel comfortable with every step of the process, which includes explaining everything in a simple, easy to understand way. That includes advising if we don’t believe Equity Release is right for you.
Speaking to one of our friendly advisers during an initial phone call, we will explain how we could help you while answering any questions you might have. This confidential, no-obligation chat is designed to help you make an informed decision about your finances, with zero pressure or pushy sales tactics from us. Discover how we work to learn more about how we can help you make the most of your money.
Ready to Release Equity?
Our Equity Release calculator can provide a fast estimate of how much money you could unlock from your home in Bournemouth. Once you’ve taken a look, call 0808 1691979 to speak to one of our advisers about the next steps. We are ready and waiting to guide you through the process.