Equity release may involve a home reversion plan or lifetime mortgage which is secured against your property. To understand the features and risks, ask for a personalised illustration.
You may be amazed to know that the answer is yes!
Many of us are may find ourselves in the position where we enter retirement with a mortgage still to pay and often quite a large balance still owing. If you are one of the many that took out an interest only mortgage in the days when they were freely available, at the end of the mortgage term you will find yourself with the total capital sum still payable. This can be a very worrying scenario for many of us, and as we get older and start thinking about our pensions, coping with a mortgage can be a very worrying problem.
But what options are available?
The good news is that retirement mortgages for pensioners are available so don’t panic and think that you will have to sell your home. We can help you find the perfect solution by researching the entire mortgage market.
You can communicate with us by phone, email or letter and we will respond according to your wishes.
We will provide you with illustrations to consider and all initial advice is free of charge.
A home visit by one of our expert retirement mortgage advisers is available if required.