What is Equity Release?
The Basics of Equity Release
If you are over 55 and own your home in Braintree outright, or only have a small mortgage, you could qualify for an Equity Release plan. There is no need to sell your house to tap into its value, instead by releasing equity you could receive a tax-free lump sum or regular instalments to boost your savings.
No repayments will be due while you remain in your home, so unlike a traditional mortgage or loan there will be no increase to your monthly outgoings. The funds will be repaid to the lender when the property is sold, either when the owner passes away or moves into care. Explore Equity Release explained for a more in-depth overview.
How Can I Spend Released Equity?
There are zero restrictions on how you can spend the equity you release from your property. Perhaps you want to put away some cash for a rainy day. Or maybe you are planning a few home improvements, or a once-in-a-lifetime holiday. Whatever you have in mind, the money is yours to spend as you wish.
Premier Equity Release has helped hundreds of homeowners make the most of their money by releasing equity, and our reputation is built on taking an ethical, personalised approach to customer service. To see how others have spent their funds, read our customer stories.
Why Choose Premier Equity Release?
Premier Equity Release is an independent broker and member of the Equity Release Council. The advice you receive from us will always be honest, impartial, and easy to understand – which includes recommending if we don’t believe Equity Release is right for you.
When you call us, you’ll be speaking to a friendly, experienced adviser, never a pushy salesperson or anonymous call centre. We will explain everything in a straightforward, jargon-free way, and you can ask as many questions as you need to make an informed decision.
This is a no-obligation chat and completely confidential. To see the steps to releasing equity in more detail, discover how we work.
Contact Us About Releasing Equity
Start by entering a few details in the Equity Release calculator to receive a fast estimate of how much money you could unlock from the value of your home in Braintree. If you’d like to know more, call us on 0808 1691979 to speak to one of our experts, with no pressure to commit to anything until you are ready.