What is Equity Release?
How Equity Release Works
If you own your home in Diss outright, or only have a small portion of your mortgage remaining, you could be eligible for an Equity Release plan. You also need to be 55 or over. The money you release from the value of your home will be paid as a tax-free lump sum or in instalments and can be used to fund anything at all.
No repayments will be due while you remain in your property, unlike a mortgage or loan, so you don’t have to worry about your monthly bills increasing. Once the property is sold, when the owner either passes away or moves into care, the funds will be repaid to the lender. Equity Release explained explores how it works in more detail.
How To Use Released Equity
Holidays, home improvements, business ideas, or clearing debts – there are endless possibilities for the equity you release from your home. Or maybe you simply want to boost your savings for a rainy day. You have the freedom to use the funds however you wish. In turn, you can improve your quality of life and make the most of the years ahead – whatever that looks like for you. See our customer stories to discover how others have used their extra cash.
Premier Equity Release can help you find a plan that’s right for you while providing advice you can trust throughout the process. So, what will you spend your money on?
Why Choose Premier Equity Release
Premier Equity Release is an independent broker and member of the Equity Release Council. We are known for our ethical way of working and the open, jargon-free advice we offer – which includes advising if Equity Release may not be right for you.
During an initial phone call, we will get to understand you and your situation before outlining how we can help. This no-obligation conversation takes place with one of our friendly and experienced advisers, never a pushy salesperson. Ask as many questions as you like and receive straightforward answers you can trust. Learn more about how we work here.
Chat to an Adviser About Releasing Equity
Before chatting to one of our advisers, why not use our Equity Release calculator for a fast estimate of just how much money you could unlock from your home in Diss. Then, give us a call on 0808 1691979 for an informal discussion about your finances and what the future could hold.