Equity Release
Looking forward to an active retirement?
Releasing a lump sum from the equity in your property can open up a number of choices to help you make the most of your retirement: boost your income, improve your home or take a holiday. The possibilities are endless. This can be achieved in a number of ways which is why it is crucial to talk to an authorised, independent equity release specialist such as EBS.
What is a lifetime mortgage?
Using your home as security, we can arrange a payment free mortgage. You do not need to sell any part of your home and you maintain its ownership. The mortgage interest is charged at a fixed-rate and is added to the initial loan which can be repaid at anytime but is generally deferred until the home is sold.
What is a home reversion plan?
Part of the ownership of your property is transferred to a lender in exchange for a tax-free cash sum to spend as you wish. Repayment is made from the future value of your home in the event of your death or prior sale of the property. Under both schemes the future value of your estate will be reduced by the outstanding mortgage or transferred value.
“‘I was recommended to EBS by my nephew to help me secure my future. They are a friendly, helpful company and their help, advice & patience guided me to the right decision for me. They helped me every step of the way. Their guidance & knowledge helped me to secure my future & I can highly recommend EBS to anyone needing financial help or advice.”Mr. Fabry, Equity Release Client
Contact us now for an initial telephone or face to face consultation.
