EQUITY RELEASE CENTRAL LONDON

Chelsea, Kensington, Belgravia, Westminster, Marylebone, Pimlico, Fulham, Fitzrovia, St. John's Wood, Sherpherd's Bush, The City of London

MaxLyte Financial Are Equity Release Advisers In Central London, Covering All London Boroughs and The Home Counties

Equity Release Central London

MaxLyte Financial Limited

Equity Release Central London - Belgravia Street

Equity Release Central London - Release Equity From Your Home

Equity Release is a method, for people who are over 55 years old, of unlocking money which is tied up in your home, by using a lifetime mortgage or home reversion plan to release equity from your house.

Equity release is also a way of releasing money from your home to allow you to travel, to undertake home improvements, to provide you with a comfortable retirement, to free you from debt, or enable you to help loved ones with a financial gift. We provide equity release advice in London and across the United Kingdom to those who need or want to release equity to improve their lifestyle.

Lifetime Mortgage

The most common way to release equity is by taking out a Lifetime Mortgage. Lifetime mortgages do not have a defined end date. This means that lifetime mortgages last until the mortgage is either fully paid off, you go into a residential or care home, or you die. If you are a married or in a civil partnership, the lifetime mortgage ends following the death of the surviving partner.

The interest rates on a lifetime mortgage are usually fixed for life, although variable rates do exist. You will normally find that interest rates are competitive or comparable with normal mortgages. They are an ideal method of equity release (if suited to your circumstances), especially for people in London looking to release equity locked up in their bricks and mortar.

There are a number of ways you can choose to deal with a lifetime mortgage as a way of releasing equity:

  • You can choose to pay the interest.
  • You can pay back capital as you do in a conventional mortgage.
  • You can choose to make no payments at all, with the interest just being added to the loan. The total amount is then paid back after your death.

Contact us today by completing the form below or by telephoning 020 7993 2882 to find out how we can help with London equity release to help you free up your life.

EQUITY RELEASE CALCULATOR

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    EQUITY RELEASE CALCULATOR

      By submitting this calculator, you agree to be contacted by a qualified Equity Release Advisor.

      Get In Touch!

      For a friendly, efficient financial service, call MaxLyte Financial, London on 020 7993 2882.

      Equity Release Central London

      Call us today for a friendly, initial no obligation chat about helping you release equity from your property in London.