What is Equity Release?
How Does Equity Release Work?
An Equity Release plan allows people aged 55 or over to take money out from the value of their home in Haverhill while still living in the property. If you own your home outright, or only have a small portion of your mortgage remaining, you could be eligible for Equity Release. The funds you free up will be paid as a tax-free lump sum or in instalments, so you can boost your savings, improve your quality of life, and look forward to a brighter future.
Unlike a mortgage or loan, you won’t have to make repayments if you remain in your property. The money will be repaid to the lender when your home is sold, which is typically when the owner moves into care or passes away. You can find out more by exploring Equity Release explained.
Why Release Equity?
People release equity for a wide range of reasons, from paying off debts to funding home improvements, helping out family, or starting a business. You will have complete freedom to choose how you spend your cash, so whatever a better life looks like, Equity Release can make it a reality. For inspiration, see our customer stories.
Whatever your plans for your money, Premier Equity Release will find the right plan for you. We do this by getting to know you and your financial situation and providing straightforward advice that you can trust.
An Ethical Approach from Premier Equity Release
What do we mean by an ethical approach? As a member of the Equity Release Council and an independent broker, Premier Equity Release does things the right way – putting you and your finances first. When you call us, you’ll be speaking to an experienced adviser, never a pushy salesperson, who you can feel confident has your best interests at heart.
Providing jargon-free advice and easy-to-understand information, we will ensure that you have answers to all your questions. That even includes letting you know if we don’t believe Equity Release is right for your circumstances. See how we work to learn more about the process.
Speak To Us About Releasing Equity
We recommend trying our Equity Release calculator for a quick estimate of how much equity you could release from your home in Haverhill. Then give us a call on 0808 1691979 for a confidential, no-obligation chat about your finances and your future.