Description

Equity release is a way of releasing the wealth tied up in your property without the need to move. With equity release products, you can either borrow against the value of your home or sell all or part of it for a regular monthly income, a lump sum, or the facility to get at equity as and when you like or a combination of these options.

Make no monthly repayments – lenders require no monthly payments towards the interest charged.

Mark No negative equity – you can never end up owing more than the value of the property.