Equity release has become very popular in recent years and at Direct 2 Lender Private Finance we believe its popularity will continue to increase. If you are over the age of 55 then equity release is a way of releasing equity (cash) which is tied up in your home. There are two equity release options available. The first is Lifetime Mortgages & the second is Home Reversion.
Both types of equity release allow you to stay in your home, but unlike Home Reversion a Lifetime Mortgage enables you to retain ownership of your home.
At Direct 2 Lender Private Finance you will be given advice from a fully qualified equity release specialist. We are members of the Equity Release Council & believe in their product standards.
With equity release you can safely unlock tax-free cash from your home without the worry of making monthly payments.
The products are very flexible with options to draw a lump sum or regular smaller sums, or a combination of both.
Done correctly an equity release mortgage should have no impact on an individual’s tax position or their state benefits and each case is assessed individually.