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Your chosen plan provider gives you a lump sum or the promise
of funds up to a certain level, which you can draw on as
needed.
You can spend the cash on anything you want and don't have
to make any repayments until...
When you die, or sell your home, the money youve borrowed
plus any interest owed has to be repaid.
And because the interest has been allowed to roll up, rather
than being cleared gradually, it can be an awful lot
more than you expect.
Unless you're very wealthy in which case, you won't need
to get involved with equity release this is likely to make
a major dent in your estate, seriously limiting your heirs
inheritance.
If you are interested in finding out how much equity release you could get for yourself, the calculator below will give you a rough idea of what is possible.
To get a more precise figure the best thing to do is to talk to an Equity Release Specialist. To contact a recommended one simply click the "Next" button - after entering your figures - then fill out the quick contact form. You will be contacted soon for a free, no obligation quote.
| Step 1 of 2 | Equity Release | ||||||||||||||||||
Get equity release advice now |
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| Step 2 of 2 | Your details | ||||||||||||||||||||||
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| Finished |
| Thank you for your enquiry. Your adviser will be in touch with you shortly. |
Equity release plans explained
Home reversion schemes explained
Finding equity release provider
Choosing an equity release plan
Complaining about Equity Release
How to Choose your Mortgage
Types of Mortgage
Remortgages
Where to Find your Mortgage
Getting a Mortgage in Principle
Guide to Buying Home in the UK
Browse over 200 Free Mortgage TipsYour Complete Guide to UK Mortgages Find Out How to Win the Race to Buy Your Home - Home Buyers Guide Learn How to Save ££s by Remortgaging Read the Insider Info on Home Insurance Site Help |