What is Equity Release?
How Does Equity Release Work?
If you own your home in Brighton mortgage-free, or only have a small mortgage, you could be eligible for an Equity Release plan. You also need to be 55 or over. You don’t need to put your property on the market to access the money tied up in it – instead, you can release equity and receive the funds as a tax-free lump sum or in regular instalments.
Your monthly outgoings won’t increase, as no repayments will be due while you live in the property. Instead, the funds will be repaid when the house is sold, which is usually when the owner moves into care or passes away. For a more in-depth overview, see Equity Release explained.
How to Spend Released Equity
People choose to release equity for all manner of reasons, from funding practical plans like home improvements, to treating the family to a once-in-a-lifetime trip. Some people are starting a business, while others simply want to boost their savings for the future. Whatever you have in mind, our customer stories offer real-life examples of how people like you have spent their money.
By always providing professional, personalised advice you can trust, Premier Equity Release simplifies the process of releasing equity, however you plan to spend your cash.
Working with Premier Equity Release
At Premier Equity Release, we pride ourselves on our ethical approach, which means jargon-free advice, easy to understand guidance, and putting you and your finances first. This includes explaining if we don’t think Equity Release is right for you. Explore how we work to learn more about what to expect.
You’ll be speaking to one of our experienced advisers when you get in touch, never a pushy salesperson. We will take the time to get to know you and your situation, before explaining how we could help. This conversation is no obligation and completely confidential, and we encourage you to ask as many questions as you like. Our aim is to find the right Equity Release plan for you while helping you to make an informed decision.
Ready to Release Equity?
The best place to start is entering a few details into the Equity Release calculator, which will give you a fast estimate of how much money you could unlock from your home in Brighton. Then give us a call on 0808 1691979 to learn more about the benefits of releasing equity and receive advice tailored to you.
