Equity Release

Otherwise known as “lifetime mortgages”, equity releases are popular with the over 55's who have paid off their mortgages and wish to release some equity from their property but without having to part company with it. They are basically a type of mortgage where the interest payments are rolled up and added to the loan rather than being paid back a bit at a time every month.

Equity release transactions are quite specialised and the equity release providers have lengthy and stringent requirements.  Fortunately, we have the specialists to look after the paperwork and explain what it all means. 

Do get in touch for an informal chat if this is something you are considering on 01785 252377 for Stafford, 01782 987551 for Newcastle-under-Lyme,  or 01270 446260 for Alsager.