Ensuring you choose the Right Equity Release

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Equity Release Schemes

11/08/2010

Equity release enables you to release money on your home without having to downgrade your property. Equity release schemes pay the homeowners an agreed amount of money based on the value of their property.

A valuation of the property is carried out so that the homeowner knows how much it is actually worth. The older someone is the more equity they will be able to unlock on the home.

Equity release schemes enable retired people to continue to enjoy the things that they have always been able to afford. In light of the current economic crisis, equity release provides a cushion to retired people and can improve their current standard of living or help to pay off debts that have been accumulated over time.

An advantage of this type of loan is that the money can be spent in any way that the homeowner wants to.

Homeowners aged over 55 years who would like to know how much money the value of their property could release can find out by contacting therightequityrelease.co.uk for equity release advice.

The Right Equity Release Limited which is authorised and regulated by the Financial Services Authority. Registered in England 07166676.
This is a lifetime mortgage. To understand the features and risks, ask for a personalised illustration.

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