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Get an express cash offer now - complete the express offer form or call 0800 1313 999 |
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Release Equity Some schemes have attracted criticism as being over complicated and offering the home owner poor value, but releasing equity when arranged through a reputable experienced company is straightforward and available to people of any age so long as they are homeowners. In a market where house prices have generally risen over the last few years, home owners who have been on the property ladder for several years have almost certainly accrued a lot of value. But whilst that value is in their home they are unable to use it. Releasing equity through sell and rent back offers a way of freeing up that capital without the need to move out and downsize. Of course, once you have received the value of your home you will need to pay rent to the equity release company, but the money from your home will be yours to do with as you please. This could present the chance to go on a holiday of a lifetime, boost your savings or increase your monthly income. Once you’ve budgeted for your rental payments the equity release will allow you to be free of debt and provide you with a large cash lump sum. Equity release isn’t right for everyone. If you have just started out on the property ladder and do not own a lot of equity it is unlikely to be for you. However, if you have finished paying off your mortgage, or if you have a substantial equity in your house – even if you still have a mortgage – releasing those funds might give you the opportunity to do things you could only previously dream about. Equity release could even allow you to retire a little earlier than planned and do that traveling you always promised yourself! Whatever your goals, talk to Property Rescue about sell and rent back and how to avoid facing repossession through equity release, and be assured of honest straightforward advice. |
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Part
of the Property Rescue Group. Registered Office 8 Foxgrove, |
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