Equity release, Sheffield

Contact us

How equity release could work for you

Equity release, in the form of a lifetime mortgage, can be a great option to access the cash tied up in your home if you're a homeowner aged 55 or over.

If you fit those criteria and would like to explore how you could benefit then we can help you to release the value of the equity tied up in your home, typically allowing you to take the money either as a one-off lump sum payment or alternatively as several smaller amounts (or as a combination of both approaches).

Based in Sheffield, and with over 25 years of experience, we’re here to help. Get in touch with us today and let's find the right equity release options for you.

Contact us about equity release

Lifetime mortgages

With a lifetime mortgage you're able to take out a mortgage secured on your property, provided it’s your main residence, while retaining ownership.

An inheritance for your family

You might even be able to ring-fence some of the value of your property as an inheritance for your family.

Make repayments, or let the interest roll up

You can choose to make repayments or let the interest roll up. The loan amount and any built-up interest is paid back by selling the property when the last borrower dies or when they move into long-term care.

Hero Banner

Equity release FAQs

What is an Equity Release loan?
 +

In an equity release mortgage, the lender will provide you cash in exchange for a future share of the sale proceeds of your home. However, unlike a conventional mortgage, which you repay over a certain period of time, an equity release loan is only repaid once you have left your property.

Who would use an Equity Release loan?
 +

Homeowners over the age of 55 can use equity release to withdraw tax-free money from the value of their homes. Your age and the value of your house will determine how much you can release. You have the option of claiming your money as a single large lump amount or a series of smaller lump sums, depending on the equity release package you select.

When should I use Equity Release?
 +

If you wish to pay off an existing mortgage, boost your income, or cover care expenses, equity release may be beneficial. Additionally, you might decide to use equity release to aid with debt repayment. You can benefit from equity release in a variety of ways, but before you choose this course, always get counsel from us.

Ready to apply?

If you're ready to start discussing the equity release solutions you could benefit from, why not drop us a line, we'd be happy to walk you through the options that are available to you without any obligations.

Apply Now