Equity release


Release tax-free cash from your home to spend on whatever you choose

If you are 55 or over and a homeowner, Equity Release could offer you a way to release tax-free cash from your home to spend on whatever you choose.

• Supplement your income

• New car

• Holiday of a lifetime

• Early inheritance


If you have owned your home for several years, despite the recent economic conditions, the chances are your home will be worth considerably more now than when you bought it. Even if you have not completely paid off your mortgage, you may feel that you have worked hard for your home and that now may be the time to get your home to work hard for you. If you do have an outstanding mortgage or any loans secured against your home, you will need to pay these off completely with any equity you release. The rest of the cash is for you to spend as and when you need to.

Stay living in your home

One of the benefits of choosing equity release to generate additional cash is that you can remain living in your home. You will not be forced to sell your home and you won’t be required to move. You can remain living in your home for as long as you like. Normally this is when you move into long-term care or when you pass away.

You should be aware, however, that taking equity release might affect your tax position and entitlements to state benefits. It will also reduce the value of your estate, and therefore, the inheritance that you have to leave behind to your loved ones will also be reduced. It is for this reason that you may wish to consider involving your family in this decision.

Call us for free using your inclusive minutes on 0333 12 12 101

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. THERE MAY BE A FEE
FOR MORTGAGE ADVICE, THE PRECISE AMOUNT WILL DEPEND ON YOUR CIRCUMSTANCES, OUR TYPICAL FEE IS £295

Mortgage & More is registered in the UK: 06437752 ~ Authorised and regulated by the Financial Conduct Authority FRN: 651274 ~ 9 Balas Drive, Sittingbourne, Kent ME10 5AS - 01634 235132