EQUITY RELEASE SHAFTESBURY

LIFETIME MORTGAGE ADVICE SHAFTESBURY

At the Mortgage Hive, though out Shaftesbury we help people with specialist advice in Equity Release Mortgages. Our tailored advice will help you get the most out of your retirement. Contact us to learn more about lifetime mortgages in Shaftesbury and get guidance on how you can release funds from your property. We can assist you in setting up an equity release plan (Lifetime Mortgage or Home Reversion Plan) matched to your circumstances, whilst comparing to alternative retirement mortgage options.

Equity Release Mortgages

Have you thought about your equity release options? Want to know if you can release cash funds from your property? At the Mortgage Hive our knowledgeable equity release advisers service Shaftesbury and the surrounding areas. If you have questions about equity release, contact our staff immediately.

Suppose you wish to take a trip and travel the world, give a family member a monetary gift, or even transform your garden into a peaceful retreat. In that case, releasing money tied up in your property via an equity release product may be appropriate. We can determine the optimum equity release plan for you. We can help you get the urgent financial relief you need through equity release. Our Shaftesbury Equity release broker will look at all options, Lifetime mortgages, Home Reversions plans and other Later Life mortgages such as Retirement Interest Only Mortgages (RIO).

Thanks to the hundreds of clients we have assisted thought-out the United Kingdom not just Shaftesbury, financial freedom is just around the corner! Thanks to our knowledge of the equity release market, our guidance will help you access any money tied up in your property.

Get in touch with our experts to learn more about our equity release mortgage services in Shaftesbury and the surrounding areas.

Book a Free Lifetime Mortgage Consultation
Mortgage Hive Logo Fee Free mortgage advice decision in principle

BOOK YOUR

Free Equity Release Consultation!

Contact Name
Contact Name
First
Last

  • Aviva Equity Release Lifetime Mortgage life insurance Income Protection Critical Illness provider
  • hodge lifetime equity release lifetime mortgage holiday let mortgage no minimum income
  • just retirement equity release lifetime mortgage
  • Legal And General L&G Equity Release Lifetime Mortgage life insurance Logo
  • Liverpool Victoria LV Equity Release Lifetime Mortgage Insurance logo
  • More 2 Life Equity Release Lifetime Mortgage
  • One Family Equity Release Lifetime Mortgage
  • Pure Retirement Equity Release Lifetime Mortgage
  • retirement advantage equity release lifetime mortgage
  • scottish widows Equity release lifetime mortgage life insurance income protection

What Is An Equity Release?

Equity Release is releasing the money that has been built up in your property.

You can choose to release the equity in one lump sum or may choose to release part of equity left now and additional parts later on via a draw down facility . In contrast to a traditional mortgage, you wont be required to pay monthly payments to a lender.

Everyone's future requires financial planning, so contact our Shaftesbury lifetime mortgage brokers immediately if you'd like to discuss your equity release options. We will discuss equity release options such as lifetime mortgage products, home reversions plans along with other lending options that meets your needs.

Save Money Today Call 01202 084064

A member of the Equity Release Council .

We are a proud member of the equity release council and have abide by the Council rules and Statement of Principles.

Here at The Mortgage Hive, we only offer advice on products from lenders that are also members and agree to the Equity Release Council standards and principles. Hence they all offer a no negative equity guarantee; speak to our specialists today.

Do I Pay Interest On An Equity Release?

Although housing prices in Shaftesbury are prone to swings due to the city's rising popularity and the number of people trying to move into the city, your lifetime mortgage interest rate is often fixed for life.

When taking out an equity release in Shaftesbury or any other area of the UK you often have the option to make voluntary payments. If you choose not too the interest will roll up (compounded) over the years and could lead significantly to more increased debt.

Here at The Mortgage Hive, we have the experience and understanding necessary to offer advice source the best equity release product for your circumstances. Our team will make sure you understand the process in its entirety, once the most suited equity release product is sourced we will offer a personalised illustration to explain the interest rates, costs, advantages and disadvantages of the recommendation, before we submit your equity release application.

Lifetime Mortgages In Shaftesbury

If you are looking for the most popular equity release plan, that would be the lifetime mortgage. This is where you retain complete property ownership and with most lenders have the option to make voluntary monthly payments.

The equity release loan and interest charged is repayable when you either move into long-term care or when you pass away. If you are a couple and have taken an equity release loan out together, the money will be due to be repaid once the remaining person passes or moves into long-term care.

Here in Shaftesbury, we want the residents in the area to be comfortable and confident that they are safe in their homes for the rest of their lives; speaking to one of our later life advisors today means we can look at any existing mortgages you have, other assets and provide you with a personal service that can get you the best equity release loan for you.

Pros & Cons Of An Equity Release

Pros

  • You can keep your existing property

  • No affordability checks by lender

  • Option to make voluntary payments or let interest compound up

  • Interest Rates can be fixed for Life

Cons

  • Equity release can affect means-tested benefits.

  • You may pay an early repayment charge should you wish to pay the debt off sooner.

  • Interest Compounds up if you choose not to make payments.

Equity Release Solutions In Shaftesbury; Call The Mortgage Hive Today

Due to our experience we will be able to look at multiple equity release options, as well as more traditional retirement mortgages to find the best solution tailored for you. We will always give you sound, friendly, and expert advice that is up to date with the current market. So, please pick up the phone and call one of our equity release specialists if you have any questions or concerns about equity release in Shaftesbury. We look forward to helping you 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 with Equity Release advice; Bournemouth, Poole, Christchurch, Wimborne Minster, Blandford, Swanage, Ferndown, Ringwood, Verwood, Wareham, Highcliffe, New Milton, Lymington, Fordingbridge, Salisbury.