How Does Equity Release Work?
If you are aged 55 or over and own your own home in Luton outright, you could be eligible for Equity Release. You may also qualify if you only have a small mortgage outstanding. The money you release will be paid as a tax-free lump sum or in instalments, and you don’t need to sell your house to unlock this extra cash.
No repayments will be due while you remain living in your property, as releasing equity is different to an ordinary mortgage or loan. Instead, the funds are repaid when the house is sold, which is usually when the owner moves into care or passes away.
See Equity Release explained for more details.
Why Release Equity?
There are lots of reasons why people choose to release equity. Many people want to carry out home improvements to make their property more comfortable and accessible for the years to come. Others may want to plan a once in a lifetime trip, start a new business venture, or simply top up their savings pot. Whatever a better quality of life means for you, Equity Release can make it a reality.
Explore our customer stories to see how Premier Equity Release has helped people like you make the most of their money. By providing honest, straightforward advice throughout the process, we aim to take the stress out of releasing equity and make the whole experience as simple as possible.
An Ethical Approach To Equity Release
Premier Equity Release is an independent broker and member of the Equity Release Council – but what does that mean for you? We pride ourselves on our ethical approach, which means jargon-free advice, tailored to your individual circumstances. We always put your interests first, and we will even tell you if we don’t think releasing equity is right for you. Discover how we work to learn more.
When you call us, you’ll be chatting with an experienced and friendly adviser, never a pushy salesperson. We’ll get to know you and your finances so we can provide you with the support you need to make the most of your money. This initial chat is no obligation and is completely confidential, so we encourage you to ask as many questions as you like so you know exactly what the process involves.
Enquire About Releasing Equity
The Equity Release calculator is the best place to start for an estimate of how much money you could release from your home in Luton. Then, call us on 0808 1691979 for a no obligation chat with one of our advisers, who will be happy to talk you through the next steps.