EQUITY RELEASE AMESBURY
LIFETIME MORTGAGE ADVICE AMESBURY
If you are looking for advice in a variety of equity-release mortgages options to help you make the most of your retirement, you have come to the right place. The Mortgage Hive are an equity release specialist offering advice in equity release schemes such as Lifetime Mortgage & Home Reversion plans alongside other later life lending options such as Retirement Interest Only Mortgages (RIO) . If you are considering Releasing equity tax free in your property and want to learn more about equity release products in Amesbury, get in touch with one of our later life lending consultants today!
Equity Release Mortgages & Lifetime Mortgages
Have you been thinking about the possibility of equity release or are considering a lifetime mortgage? Do you want to release some funds tied up in your property? Here at The Mortgage Hive, we are equity release advisers servicing Andover and the surrounding areas. We specialise in equity release, so if you would like to discuss equity release, speak to our team today.
Whether you want extra money to travel and explore the world, or you want to give a financial gift to your children, or even transform your garden into a haven you can enjoy, equity release might be for you!
Within our equity release or a lifetime mortgage advice process, Our specialist advisers will look at your financial situation to find the most suitable product for your circumstances.
Here in Andover, we have helped many clients with advice about equity release. Financial freedom is right around the corner! So, if you are over 55, you can access any funds tied up in your property with an equity release product.
Speak to our equity release mortgage experts today; we offer this service in Andover and the surrounding areas.
What Is Equity Release?
With the help of equity release products, you are able to withdraw money secured by your property as a tax free lump sum payment. With some of these products, you can opt to have a facility for further drawdowns. You do not have to make monthly interest payments. However, a lot of products do allow voluntary payments. The benefit of this is that the interest on your equity release loan wont compound up.
Everybody's future needs financial planning, so if you're ready to receive equity release guidance, get in touch with our team at The Mortgage Hive immediately. Depending on your house's value, age, and current health, we can determine the most appropriate lifetime mortgage for you.
Part of the Equity Release Council
The Mortgage Hive are proud members of the equity release council.
The Lifetime Mortgage Lenders we use are also members of the equity release council and hence, abide by the Council standards and principles. Such as offering, no negative equity guarantee.
Do I Pay Interest On An Equity Release?
You will be required to pay interest on your equity release mortgages. However, the interest rates are fixed when you drawdown the funds, so they won't alter even if the value of your property does. With most equity release lifetime mortgages you have the option to make voluntary payments to stop the interest compounding up.
Although Andover is becoming an increasingly popular place to live and house prices frequently fluctuate, with a safe equity release, your interest rate won't change.
The monthly interest rates can be discussed with your equity release expert in Andover. There are different products available and we will be happy to run through all options that are open to you.
Our equity release Andover brokers, have the expertise and knowledge needed to provide whole of the marker later life lending. Equity release advice (Life time Mortgages and Home reversion plans) as well as various retirement interest only mortgage options. (RIO)
Lifetime Mortgages In Amesbury
In Amesbury the lifetime mortgage is the most preferred equity release product/solution, as you will keep ownership of your property. When you either enter long-term care or pass away, the equity release loan and the entire amount of the interest must be repaid. Speaking with one of our advisers today will allow us to assess your circumstances and offer a personal service that can get you the best equity release loan suited for you.
Here in Amesbury, we want the residents to feel financial secure and at stress free for the rest of their lives.
Pros & Cons Of An Equity Release
Pros
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Equity loan can help pay off other debts, finance a holiday, carry out home improvements or help family members.
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Tax Free Lump Sum money to fulfil any lifelong ambitions you have had
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Equity release can be used to top up cash savings to supplement retirement income
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The interest rate remains fixed.
Cons
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Equity release may affect your means tested benefits if you receive any.
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You may pay an early repayment charge should you want to pay the debt off sooner.
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If you don't make voluntary payments, Interest will compound up.
Equity Release Solutions In Amesbury; Call The Mortgage Hive Today
A variety of equity release options are accessible to you with our team of Equity Release advisers in Amesbury. We will always give you sound, friendly, and responsive advice that is upto date with market developments. Our experts will always act in your best interests.
So, please pick up the phone and call one of our specialists if you have any questions or concerns about equity release in Amesbury. We are pleased to secure your equity release product and are always happy to provide advice and direction.
Our local Equity Release Advisers can help you throughout the UK including the following nearby locations for Wiltshire Lifetime Mortgage advice ;
Trowbridge, Chippenham, Calne, Devizes, Melksham, Warminster, Westbury, Royal Wootton Bassett, Amesbury, Corsham, Tidworth, Bradford on Avon, Marlborough, Malmesbury, Durrington, Ludgershall, Bulford, Salisbury.