What is Equity Release?
Equity Release: An Overview
Homeowners over 55 who own their homes in Bristol outright or only have a small mortgage could be approved for an Equity Release Plan. Releasing equity is a way to access the money held in a house while remaining in the home you love, and this tax-free lump sum or instalments can be spent however you wish.
Unlike a regular loan, no repayments will be due while you live in your home, so you won’t see an increase in your monthly outgoings. Instead, the funds will be repaid to the lender when the property is eventually sold in the future, which is typically when the owner moves into care or passes away. Equity Release explained provides a more in-depth overview.
Why Release Equity?
There are lots of reasons to release equity from your home. Maybe you want to make improvements to your property to make it more comfortable or accessible as you get older. Or perhaps you are planning a family holiday. From splashing out on something special, to boosting your savings, the money you release from your home is yours to spend however you like.
Premier Equity Release are here to help you make the most of your money by releasing equity. See our customer stories for real-life examples to inspire you.
The Premier Equity Release Difference
At Premier Equity Release, we take an ethical approach to everything we do, which means putting you and your finances first. Proud members of the Equity Release Council, we are also an independent broker, which allows us to provide honest, impartial advice you can trust. That even means telling you if we don’t think Equity Release is right for you.
When you get in touch, you won’t be calling an anonymous call centre, or speaking to a pushy salesperson. Instead, you’ll be chatting to one of our experienced advisers, who will get to know you and your circumstances before advising how we might be able to help.
This initial call is no-obligation and confidential, so ask as many questions as you like. We want to help you make an informed decision about whether to release equity, which means you will always get straightforward, jargon-free information from our team. Explore how we work in more detail.
Enquire About Releasing Equity
Our Equity Release calculator is designed to provide a quick estimate of how much money you could unlock from your home in Bristol using just a few personal details. Once you’ve taken a look, call us on 0808 1691979 for a zero-pressure chat about releasing equity with one of our friendly advisers.
