Is Equity Release An Option For You?
We can help you to decide
There are two generic types of Equity Release, Lifetime Mortgages and Home Reversion Plans.
Lifetime Mortgages now account for over 99% of Equity Release lending in the UK and there are now numerous variations of lifetime mortgages available. These include lump-sum, interest-serviced, and drawdown lifetime mortgages, among others, and there are also other types of mortgage based retirement lending to consider, and market is growing.
There are a number of things that you should take into consideration if you are thinking about Equity Release, and it is vital that you take independent, fair and balanced advice, so that you and your family are fully informed before you decide what is best for you.
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There are now numerous variations on lifetime mortgages available. These include lump-sum lifetime mortgages, interest-serviced lifetime mortgages and drawdown lifetime mortgages, and the market is growing.
Whilst Lifetime Mortgages account for 99% of Equity Release products, you may also be considering a Home Reversion Plan.
If you are thinking about Equity Release, it is vital that you take, fair and balanced advice, so that you, and your family are fully informed.
Why not visit our specialist Equity Release site: www.krdequityrelease.co.uk
Or visit the website of industry body, The Equity Release Council: