Welcome to Equity Release Calculator, offering advice on the UK’s whole equity release market
Live your life post retirement the way you want!
At Equity release calculator UK, it is our earnest endeavour to offer you specialist advice and to help you understand how equity release could help you in the long run.
Equity release could help you pay off your existing mortgage, existing debts, plan the future of your children and lets you live life the way you want.
Research shows that increasing numbers of retired people are having to go back to work over the age of 65,the primary reasons identified are financial issues. Equity release is perfectly suited to help solve this problem.
Equity release: Equity release lets you release the value which is tied up to your property. You can use this value or the amount generated in any way you want. There are usually no monthly repayments necessary. It allows you to tap into the wealth you’ve accumulated in the property over the years. Get expert advice from our qualified team of professionals at the earliest opportunity. We can help you find the best plans suited to you.
- Available to homeowners between 55-95 ·
- Release tax free cash from the value of your property without having to move home. ·
- Keep your home, no monthly repayments & spend the money anyway you want. ·
- Lump sum cash available.
In order to be eligible for releasing equity you must be a homeowner at least 55 years of age, with the property valued at a minimum of £70,000.
EQUITY RELEASE CALCULATOR
At Equity release calculator we allow you to easily work out how much equity you could release from your property. Our calculator is free and we also help you connect with our team of experts who can astutely guide you in this process depending upon your circumstances and situation.
We can help you get clarity on how much cash you could release as per your requirements. This can also help you quickly identify how much tax-free cash could be released. CALCULATE NOW!
EQUITY RELEASE TYPES
· Lifetime mortgages – Interest is compounded over the period of the loan and you normally do not have to pay anything back until you die or go into care.
· Home reversion schemes – Allows you to sell a share of your property to the provider at a price lower than the market value. You have the right to stay in your home for the rest of your life. Lifetime mortgages can be taken out from the age of 55, but home reversions are available only to people aged 65 or older. You can calculate the value by using Lifetime mortgage calculator.
The Benefits of Equity Release
Enjoy your life with less stress by releasing cash in a lump sum.
Spend your hard earned cash the way you want- pay existing debts, pay for kids education, enjoy your life post retirement, and improve your lifestyle.
You normally don’t need to make monthly repayments, unless you want to do this to reduce the overall balance
You won’t ever owe more than the value of your home which is a plus point.
Right to stay in your home for the rest of your life.
Lifetime mortgage is the most popular equity release scheme where you retain full ownership of your property. The older you are and the higher the value of your property, the more equity you can release for yourself. We have helped our numerous clients understand how Equity release works and how it can be released tax free.
Equity release interest
Your loan, plus rolled up interest, is payable when your plan comes to an end, usually when you die or move into long-term care.
Finding a suitable plan for you!
Equity release has become very popular among UK citizens and is now much more easily accessible. Numerous new plans have been introduced with various features which can be customized depending upon the need of the customer.
SPEAK TO OUR EXPERTS:
All plans are not the same. We can help you understand how they work and how they can be helpful for you in the long run. To understand it even better you can speak to our experts by giving us a call on Mobile: 07368 432 992 Office: 01242 462867. We will work with you step by step to understand what’s important to you when thinking of releasing equity. Plans are available that allow you to protect a percentage of your home’s future value.
Some interesting insights & FAQs for you:
Do I need to move out of my house if I take equity release?
No. You have the right to stay in your home for as long as you need to. The property is sold only when you die or move into care.
Benefits of equity release
- To enjoy post retirement life.
- To increase quality of life
- To pay off other existing outstanding debts
Equity release reduces your estate's value and may affect any means-tested benefits you're eligible for. A lifetime mortgage, which is a loan secured against your home, is the most popular form of equity release and you will still own your home. Think carefully before releasing equity and make sure it’s right for you.