What is Equity Release?
Equity Release Simplified
If you are over 55 and own your own home in London outright, or only have a small portion of the mortgage remaining to pay, you could be eligible for an Equity Release plan. The equity released from your property will be paid as a tax-free lump sum or in instalments and doesn’t need to be paid back as long as you remain in your home.
Unlike a traditional mortgage or loan, there will be no repayments to make each month. Instead, the funds will be repaid when the house is sold, which is usually when the owner moves into care or passes away. See Equity Release explained for a more in-depth overview of how it works.
Why Release Equity From My Home?
The equity you release from your home can be used however you wish, whether that’s a home improvement project, holiday, or to boost your savings pot for a rainy day. The cash is yours to enjoy without needing to sell your home, so you can look forward to a brighter future while remaining in the place you love.
Premier Equity Release will help you find a plan that matches your needs by providing open, straightforward advice that cuts through the confusion. So, what will you spend your money on? See our customer stories for inspiration.
Why Premier Equity Release?
We are proud to be an independent broker and members of the Equity Release Council. We take a more ethical approach to Equity Release, which means putting you and your finances first. This includes being honest if we don’t think releasing equity is right for you.
During an initial phone call, you will chat to one of our experienced advisers who can outline how we can help. This no-obligation conversation is designed to answer all your questions about releasing equity, so ask away. Together, we can make the most of your money in a way that works for you. Explore how we work for more details.
Get in Touch About Releasing Equity
Head to the Equity Release calculator for a fast estimate of how much equity you could release from your property in London. Then, call one of our advisers on 0808 1691979 for a confidential chat – with zero jargon and no pushy sales patter guaranteed.
