Equity Release Help

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Qualify for Equity Release

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Do I qualify for Equity Release?

In most cases you will need to be at least 60 years old, have no outstanding mortgage (or you will need to use the equity release money to pay down the existing loan) and own a property in reasonable condition.   Certain exclusions apply, such as mobile homes, properties above commercial premises, smallholdings and properties with a relatively short lease left to run.   If you decide that a Lifetime Mortgage is your preferred option then you will have to prove that you have sufficient income to repay the monthly instalments of interest.   If you decide  that an Equity Release or Home Reversion plan is more suited to your needs, your income is really irrelevant as is your credit rating, many people taking these plans to extinguish crippling short term debt problems.

Some properties may not be suitable for Equity Release!

Equity Release and Home Reversion plans can be complicated products and are a major step for many people. Your house is almost certainly the most expensive asset you own; it is also your home, so think and consider carefully 

Our standard fee for researching and implementing a scheme is £500. This is payable half at application and half on completion.

We will receive and retain a procuration fee from the product provider as well.
 

Equity Release Help is a trading style of Asset Investment Management Ltd, Drayton Old Lodge, Drayton, Norwich, Norfolk, NR8 6AN
Independent Financial Advisers

Tel 01603 869988

Authorised and Regulated by the Financial Services Authority No 462797. Registered in England and Wales
company registration number 5880144.

Tax advice is not regulated by the Financial Services Authority

Equity Release in Norfolk     Equity Release in Suffolk    Equity Release Schemes   Releasing Equity from your Home