What is Equity Release?
Equity Release: How Does it Work?
You could be eligible for an Equity Release plan if you are 55 or over and own your home in Felixstowe outright. You may also be able to release equity if you only have a small mortgage remaining. The money released is tax-free and can be paid in a lump sum or in instalments.
Equity Release can fund anything you like, from holidays to home improvements, and no repayments will be due while you remain living in your property, unlike a traditional mortgage. Instead, the funds will be repaid when the property is sold, either when the owner passes away or moves into care. For answers to the most frequently asked questions about releasing equity, see Equity Release explained.
What Can I Release Equity For?
Once you have released equity from your property you are free to spend the money however you wish. That might be paying off debts, treating the family, or making your home more comfortable. Many people are simply looking for some additional financial security to improve their quality of life. See how other people have spent their life-changing money by reading our customer stories.
It doesn’t matter what you plan to spend your money on, Premier Equity Release is here to help you find a plan that works for you, providing impartial advice at every step. Our ethical way of working means you know we always have your best interests in mind.
Who is Premier Equity Release?
Premier Equity Release is a member of the Equity Release Council and an independent, ethical broker. That means we put you and your finances first, which includes recommending if Equity Release isn’t quite right for you.
The first step is a phone call with one of our advisers. This allows us to get to know you better and gives you the opportunity to ask any questions. We will then outline how we can help, with zero jargon and no pushy sales tactics. Straightforward advice you can trust is our speciality – explore how we work to learn more.
Contact Us About Releasing Equity
The Equity Release calculator is easy to use and will provide an estimate of how much equity you could release from your home in Felixstowe in less than a minute. See what you could unlock from your home’s value, then give us a call on 0808 1691979 for a no-obligation chat about your money.