Later Life Lending & Equity Release Warrington
Lifetime mortgages are a way of releasing capital from your home to obtain a lump sum or a steady stream of income using the value of your house. Some clients find themselves asset rich but cash poor in later life, with their biggest asset being the one they live in.
Releasing equity from your house can help pay for home improvements or provide you with a regular income so you don’t have to downsize.
The “catch” is that the income-provider must be repaid at a later stage, usually when the homeowner dies. Please call the office to discuss Lifetime mortgages in more detail.