Archive for the ‘how do i release the equity from my home’ tag
“How do I release equity from my home?”
One of the often asked questions for those ‘house rich, cash poor’ people is “How do I release equity from my home?”
It is not quite as complicated as you might think.
There are quite simple and straightforward steps you need to take if you are looking for equity release.
First and foremost, you need to find out whether you are likely to be eligible for the equity release plans. This can be done using our equity release eligibility calculator found here.
If you are eligible for equity release, it is important to find out what interest rates apply to you and how much equity you would be able to release. Not to worry, our calculator found above will help you on your way with this.
Now that you have all the facts and figures, you can then make an informed decision about whether to carry on with the process. A little professional help would certainly be of use to you now. Again the calculator will help you with this too.
If you decide to go ahead, the professional help you receive from Independent Financial Advisers will enable you to search the market to find the plan that is just right for you.
Then comes the house valuations, and finally the completion - with the help of solicitor’s of your choice.
Alternatively, call 0800 524 4853 for a personalised helping hand.
