What is Equity Release?
The Basics of Equity Release
If you own your home in Liverpool outright, or only have a small outstanding mortgage, and are over 55, you could be eligible for an Equity Release plan. The money will be paid as a tax-free lump sum or in instalments and can be spent however you wish.
No loan repayments will be due while you remain living in your property, which means you won’t see your monthly bills go up. Instead, the funds will be repaid to the lender once the property is sold, which is typically when the owner passes away or moves into care. See Equity Release explained for a more detailed overview of how it works.
How to Spend Released Equity
The equity you release from your home can be spent on absolutely anything and there are no restrictions on how you use the funds. You might be planning a home improvement project, holiday, or new business venture, or perhaps you just want to boost your savings for a rainy day. Whatever you have in mind, Premier Equity Release can find a plan that matches your needs.
However you want to spend your savings, take a look at our customer stories for examples of Equity Release in action.
Why Go With Premier Equity Release?
Premier Equity Release is a member of the Equity Release Council and an independent broker, which allows us to offer honest, impartial advice that you can depend on. We explain everything in a straightforward, jargon-free manner, and ensure you have all the details you need to make an informed decision. We will even recommend if we don’t believe Equity Release is right for you.
Starting with an initial phone call, one of our experienced advisers will get to know you and your individual circumstances before explaining how we could help. Ask as many questions as you like and remember that this confidential chat is completely no obligation, so there is never any pressure to do anything you don’t feel ready for.
When you call us, you’ll get through to a friendly adviser, never a busy call centre or pushy salesperson. See how we work to learn more about what makes Premier Equity Release different.
Ready to Learn More About Releasing Equity?
We recommend checking out our Equity Release calculator for a quick estimate of how much money you could unlock from the value of your home in Liverpool. If you’d like to learn more, call us on 0808 1691979 for a no-obligation chat about your finances and what the future might hold.
