0333 111 0025 colin@cmmltd.net

Equity Release Advice East Sussex

Services We Offer

Why you might consider a later life mortgage:

  • To boost your retirement income
  • To enable you to stay in the home you love
  • To ‘sort out’ the garden now it is difficult to manage
  • To carry out essential repairs on your property
  • Because you have limited income and managing day to day is not easy
  • To repay debts that you are unable to manage
  • To replace the car
  • To build the extension that you have always planned
  • To help your children with a deposit for their 1st home
  • To take the dream holiday you promised yourselves
Equity Release Advice East Sussex
Equity Release Advice East Sussex by Simply Equity Release Ltd East Sussex

Options that may be available with a later life Mortgage:

  • You can choose to pay interest regularly if you wish
  • You can choose to let the interest roll up
  • You can choose to pay intermittent sums from the debt if you wish
  • Many lenders fix the rate for your lifetimes when the mortgage commences
  • If you do not take the maximum initially you may be able to request more money later without needing financial or legal advice
  • Further drawdown sums would be at the prevailing rate at the time
  • You may be able to move home with the mortgage subject to the property being suitable to the lender
  • The Equity Release Council determines that the debt may not exceed the value of your home so your family will not be left with a debt on your death
  • There are not likely to be early repayment charges if you need to go into care or when you die.

Like What You See? Get In Touch Today...

If what you’ve seen so far is of interest then why not take the next step and contact us for a FREE no obligation consultation. We’ll assess your individual circumstances and try to find the best solution for you and your family.