How Equity Release Works?
If you are 55 or over, and own your home in Leeds outright, you could qualify for an Equity Release plan. You may also be eligible if you only have a small mortgage outstanding. There is no need to sell your home to access the money it holds, and you can choose to receive the funds as a tax-free lump sum or in instalments.
Don’t worry about an increase in monthly bills, as unlike a traditional loan or mortgage, no repayments will be owed while you remain living in your home. The funds will be repaid to the lender when the property is sold, which is usually when the owner moves into care or passes away. Equity Release explained goes into more detail about the process.
What Can I Release Equity For?
You can release equity to raise money for anything you like and there are no restrictions on how the funds are spent. Popular reasons to release equity include funding a renovation project, starting a business, or simply growing a savings pot. Our customer stories have examples of how people like you have made the most of their money.
By offering straightforward, simple advice you can trust, Premier Equity Release can help you find a plan that works for you, whatever you have planned for your money.
How Premier Equity Release Can Help
As an independent broker and member of the Equity Release Council, Premier Equity Release take a different approach. We pride ourselves on offering ethical, impartial advice you can trust and always putting you and your finances at the heart of everything we do. That even means explaining if we don’t think Equity Release is suitable.
When you contact us, you’ll be speaking to a friendly adviser, never a pushy salesperson, who will explain everything with zero jargon in a way that is easy to understand. During this confidential, no-obligation chat, you can ask as many questions as you like, because we want you to be able to make an informed decision that’s right for you.
Read how we work to learn more about the process and how we can guide you through every step.
Contact Us About Releasing Equity
By entering a few quick details into the Equity Release calculator, you can receive a fast estimate of how much money you could unlock from your home in Leeds.
Our advisers are waiting to take your call, so ring 0808 1691979 when you’re ready to chat about your finances.
