What is Equity Release?
Equity Release Explained
If you are over 55 and own your home in Stowmarket outright, or only have a small portion of your mortgage remaining, you could be eligible for an Equity Release plan. You don’t need to put your home on the market to release its equity and can choose to receive this tax-free money as a lump sum or in instalments.
You won’t have to make repayments while living in your home, unlike a traditional mortgage or loan. Instead, the funds will be repaid to the lender when your property is sold, which is usually when the owner passes away or moves into care. To find out more about how releasing equity works, see Equity Release explained in detail.
Why Release Equity?
The money you access through Equity Release can be used however you wish, giving you full freedom to improve your finances or make that special purchase. Some people want to free up funds for home improvements, while some are launching their own business. Whatever your plans for your money, explore our customer stories for real-life examples of Equity Release in action.
By providing you with honest, reliable advice, Premier Equity Release make it easier to find the plan that works for you – however you want to spend your new savings.
How Premier Equity Release Can Help
As a member of the Equity Release Council and an independent broker specialising in a more ethical approach, Premier Equity Release do things a little differently. We put you and your needs first, helping you navigate the full process from start to finish, while always being honest and upfront. That even means explaining if Equity Release isn’t right for you.
During an initial phone call, we will get to know you and your situation before explaining how we could help. You’ll be speaking to an experienced advisor, never a pushy salesperson, and we will explain everything in a simple and jargon-free way.
This no-obligation chat about your money is designed to help you feel confident in our expertise, so ask as many questions as you like – we are here to help. Learn more about what the process involves by reading how we work.
Get in Touch About Releasing Equity
To help you get a quick estimate of how much money you could unlock from your home, we have designed an easy-to-use Equity Release calculator. And if you think releasing the equity from your property in Stowmarket could be the right solution for you, call us on 0808 1691979 for a no-obligation chat.