What is Equity Release?
The Basics of Equity Release
Equity Release plans are for those aged 55 and over who either own their home in Peterborough outright or only have a small mortgage remaining. The money that is released is paid into your account as a lump sum or in instalments, and it’s tax free too. Whether you want to renovate your property, pay off debts, fund a holiday, or simply boost your savings, Equity Release could help you make the most of your money while staying in the home you love.
Equity Release is different to a mortgage or loan and no repayments will be due while you remain in your property. The money will be repaid to the lender when the house is sold, either when the owner moves into care or passes away. Equity Release explained explores how it works in more detail.
Why Should I Release Equity?
The beauty of releasing equity is that it can be spent on absolutely anything, from everyday costs to extra-special purchases. The equity you release could help you enjoy greater financial freedom by giving you access to extra savings, allowing you to make the most of the years ahead. See how others have spent their money by taking a look at our customer stories.
Whatever you have in mind for your money, Premier Equity Release will find a plan that matches your needs, supporting you every step of the way with advice you can trust.
Why Choose Premier Equity Release?
From your first phone call right through the transfer of funds, Premier Equity Release puts you at the heart of everything we do. During that initial chat, we will get to know you and what you want to achieve by releasing equity, before outlining how we could help. This includes letting you know if we don’t believe an Equity Release plan is the best option for you.
As members of the Equity Release Council and an independent broker, you can feel confident you are in expert hands. With jargon-free information and no pushy sales pitch, our experienced advisers will answer all your questions so you know exactly where you stand every step of the way. For a more detailed overview, see how we work.
Speak to a Specialist About Releasing Equity
Our Equity Release calculator can provide a fast estimate of how much equity you could unlock from your property in Peterborough. Once you are ready to learn more, call 0808 1691979 for a no-obligation chat about planning a brighter future.