Equity release mortgages explained

For many older homeowners who have enjoyed the previous 20+ years of property growth they often have a lot of equity in their property. By using an equity release mortgage they would be able to free up funds without the need to sell and move home. If you own a property worth at least £70,000 and are aged 55 or over the option could be there for you.

Lifetime mortgages are the most popular form of equity release, it`s a mortgage secured against the value of your home. Typically with a lifetime mortgage there are no monthly repayments to make as the loan plus rolled up interest is repaid when the mortgage comes to an end, that’s when either you or the last remaining borrower passes away, or moves into long-term residential care.

Make the most of the value in your home

By choosing Lifelink Services Ltd you will receive Free Expert Independent advice from fully qualified advisers, who will research the entire market from every product provider for the most suitable product.

All of this will only happen after we have fully discussed, listened and agreed with you what your priorities are, only then are we able to fully personalise our research to find the most suitable options for you.

In addition, every equity release mortgage we recommend meet the standard of the Equity Release Council. Which means you will have peace of mind knowing that you’re protected by a ‘no negative equity’ guarantee – so no equity release debt can be passed on to your family when the mortgage ends.

If you are interested in finding out if Equity Release mortgage is right for you call Lifelink on 01189 349800 and speak to one of our expert advisers, and receive your free consultation, no fees are payable unless you decide to proceed.