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The Right Equity Release Services
14/06/2010
If you are aged over 55 then you are eligible to look at doing an equity release scheme and take equity from your property. The equity can be taken either in the form of a cash lump sum or as a monthly income or even a mixture of both. If you want to look to do equity release and you are a couple then the youngest person has to be age 55.
Here at The Right Equity Release we will only recommend home reversion plans and lifetime mortgages that are safe.
Equity Release is a loan that you can take out, releasing case from your property. You will then be able to use the money that you release to do what you like with. Some people help their family, by providing a deposit for a home, school fees and much more. Others pay off debts, purchase a holiday home or just supplement their income.
One of the advantages for people who do equity release is that they do not have to have a credit check done. As Equity Release can affect your eligibility for state benefits and grants here at 'The Right Equity Release' we will make sure that the advice we give you will take these into account. We will make sue that we explain to you the differences between the schemes available. The two schemes are Lifetime mortgages and Home Reversion Plans.
We have advisers that will come to your home and explain you options. We cover the whole of the UK including Northern Ireland, Wales and Scotland.
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