Equity Release: The Basics
Homeowners over 55 who own their homes in Leicester outright, or only have a small mortgage, could qualify for an Equity Release plan. The money can be paid as a tax-free lump sum or in instalments and there are no restrictions on how you can spend it.
Unlike a traditional mortgage or loan, no repayments will be due while you live in the property, so your monthly costs won’t increase. Instead, the funds will be repaid when the house is sold, either when the owner moves into care or passes away. See Equity Release explained for more details on how the process works.
Why Release Equity?
Releasing equity is a great way to boost your savings without selling your home. You might be planning a renovation project to make your property more comfortable or accessible in years to come. Or maybe you would like to treat the family to a luxury holiday. Whatever you have in mind, the money is yours to spend as you wish. Discover our customer stories to read the real-life experiences of people like you.
By providing straightforward advice and guiding you through the process of releasing equity, Premier Equity Release can help you make your plans a reality, however humble or ambitious they might be.
About Premier Equity Release
Premier Equity Release is a member of the Equity Release Council and an independent broker with an ethical approach. This means you will always receive straightforward, impartial advice that puts you first, which includes us being honest if we don’t think Equity Release is right for you.
We will get to know you and your circumstances during an initial phone call, when you will also have the chance to ask plenty of questions. This confidential, no-obligation chat is with an experienced adviser who has helped many people like you to make the most of their money, never a pushy salesperson.
To find out more about the steps to releasing equity from your home, explore how we work.
Enquire About Releasing Equity
Our easy-to-use Equity Release calculator can provide a quick estimate of how much money you could unlock from your home in Leicester. Try it out, then call us on 0808 1691979 to speak to one of our friendly advisers about your plans for your future and how we can help bring them to life.