Equity Release is where you raise money to spend on whatever you want and use your home as security. You do not need to make any payments and any interest due is added to the amount you owe; however, you can pay the interest each month if you wish.
Typically, people use Equity Release to raise money for things like topping up your income or Home improvements or to replace their car, some people just want to help other family members for things like deposits for a first home or university costs, others use it to provide a fund to use for holidays or just to make retirement a little more comfortable in retirement.
The advisers at Money Matters FS Ltd have been arranging Equity Release for over 25 years and Money Matters FS Ltd are Weymouth & Portland’s local equity release specialists but also advise and arrange Equity Release throughout the whole of the UK. Our fully qualified and experienced Equity Release advisers will help you understand whether equity release is right for you and then recommend which equity release scheme is the most suitable one for you and your circumstances.
Let Money Matters FS Ltd help you to understand Equity Release. There are many myths about Equity Release so in our experience, the best way forward for such a complex and sensitive subject is to speak to one of our advisers who will be able to explain Equity Release in full and answer any questions that you have.