Equity Release Mortgages

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Are you looking to access cash against the value of your property by searching for the best equity release mortgages? If you are retired and have built up equity in your home over the years, a release of equity may be a great way to secure a higher retirement income. A release of equity will help you make the most of your new found freedom. But with so many providers and options out there, where do you start searching for cheap equity release mortgages to suit your circumstances and requirements. You start here with Beat That Quote. It's fast free and without obligation. More Info

Beat that quote will simplify your search for the cheapest equity release mortgage saving you time and frustration. Complete one quick form and we will search the market for the best equity release mortgage advisors for you to compare. We will put you in touch with a leading broker to discuss your equity release needs and offer advice. It's fast, free and without obligation. You could release equity from your home in no time at all. hide

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What is a release of equity?

A release of equity is a way for people of retirement age to obtain the cash equivalent of a percentage of the collateral built up in their property over the years.

Equity release can take several forms:

You could release equity by selling of a percentage of your home to a home reversion company. This is called a home reversion scheme. You will receive a lump sum in return for ownership of part of your property, which can be spent as you wish, and you can still live in your home for the rest of your days. When your house is sold after your death, finance to the value of the percentage sold is returned to the lender. Equity release percentages may vary from lender to lender.

You could release equity by borrowing cash from a mortgage lender against a percentage of the value of your home. This is called a mortgage and roll-up plan. With this type of equity release you can either make interest repayments to the lender or add the interest to the loan. The equity release loan is repaid by your house sale after your death.

Cash from equity release can also be obtained with a home income plan. These are similar to the above schemes but equity release occurs as a regular income.

With so many options available, deciding on the best scheme to release equity from your home can be confusing. Beat That Quote can help. Complete one simple form and based on your circumstances and requirements we will search the market for the best equity release advisors for you. We will also introduce you to a broker who will discuss your needs in detail and recommend the best equity release options for you. Search and advice is fast, free and without obligation. Find out how much you can release today.

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