EQUITY RELEASE WARRINGTON
LIFETIME MORTGAGE ADVICE WARRINGTON
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 Warrington, get in touch with one of our later life lending consultants today!
Equity Release Mortgages & Lifetime Mortgages
Have you given equity release options any thought? Would you like to release some money from your property? We are Warrington equity release advisers and we serve the surrounding areas. Contact our team immediately if you want to learn more about equity release options.
Equity release if used for many purposes such as:. Giving a family member a cash gift, home improvements, paying off existing mortgage/loans. Whatever the reason we can help find the best equity release solution for you.
We can assist you in obtaining the immediate financial support you require through an equity release product, such as a lifetime mortgage or home reversion plan. Contact one of our later life lending specialists today.
Financial freedom is just around the corner, we have helped many clients here in Warrington. Therefore, if you are over 55, an equity release product/solution could allow you to access any money held in your property tax free.
Contact our specialists at this time to learn more about our equity release mortgage services in Warrington 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?
Although housing prices in Warrington 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 Warrington 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 Warrington
In Warrington 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 Warrington, 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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Keep your property, Pay off your existing mortgage
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No affordability check done by the lender
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Option to make voluntary payments or let interest compound up
Cons
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Equity release may affect your means tested benefits.
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You may pay an early repayment charge should you want to pay the debt off sooner.
Equity Release Solutions In Warrington; Call The Mortgage Hive Today
Our team of equity release experts in Warrington have been providing clients with the best equity solutions. We will always offer you practical, friendly and responsive advice that is up-to-date with any changes to the market. Our team will always have your best interests in mind.
So, if you have any questions or queries regarding equity release in Warrington, please pick up the phone and speak to one of our experts today. We are always happy to offer advice and guidance to secure the best equity release product for you.
Get more out of your retirement in Warrington with equity release today.
Our local Equity Release Advisers can help you throughout the UK including the following nearby locations with Equity Release advice; Manchester, Sale (Greater Manchester) , Altringham (Greater Manchester) , Warrington, Stockport,