What does Equity Release mean?
What is Equity Release?
Equity Release is a way to unlock the value of your home so you can use this money for practical expenses or personal goals. If you are over 55 and own your property in Lowestoft outright, or there is only a small portion of the mortgage left to pay, you could release the equity of your home with no need to sell up.
This money is tax free and paid as either a single lump sum or across instalments, plus it doesn’t need to be repaid while you remain living in your home. Instead, the money will be repaid when the owner of the property passes away or moves into care and the property is sold. Find more details in Equity Release explained.
What Can I Release Equity For?
When releasing equity from your home, you are free to spend the money however you wish. Perhaps you’d like to modernise your property to make it more comfortable or accessible. Or maybe you want to pay off debts or make an investment. Whatever your plans for your money, Equity Release could help you live a better life and make the most of the years ahead.
Everyone is different, which is why Premier Equity Release personalise our service to each client to help you achieve your individual goals. Read our customer stories for an insight into what we could do for you.
Why Choose Premier Equity Release?
As a member of the Equity Release Council and an independent, ethical broker, Premier Equity Release puts people first. We are here to hold your hand every step of the way, offering honest, open advice that you can trust – even if that means telling you Equity Release isn’t right for you.
When you call us, you’ll be speaking to one of our friendly and experienced advisers – never a pushy salesperson. We’ll get to know you and your finances, before explaining how we could help. This chat is no obligation and completely confidential, and we encourage you to ask as many questions as you need.
To learn more about the process of releasing equity from your home with us, explore how we work.
Call For a Confidential Chat
In less than a minute, our Equity Release calculator can give you a quick estimate of how much equity you could release from your home in Lowestoft. Once you’re ready to find out more, call us on 0808 1691979 for a no-obligation chat about your money with the ethical Equity Release specialists.