Kennedy Mortgage Practice
Equity Release Mortgages

Equity Release Mortgages

If you are over 55 and need to release equity from your property whether it be to repay an existing debt or to use as your ongoing pension a Lifetime mortgage or Home reversion plan may be your best option.

Reasons to release equity

Equity Release Mortgages

Pay off existing debts with the equity from your house

 

Equity Release Mortgages

Use as an ongoing pension for you or you and your spouse

Release funds to enjoy your retirement

Equity Release Mortgages

Fund your children through university or house buying.

CALL US ON 01604 439086 or 07986 726935 FOR MORE DETAILS

EQUITY RELEASE MAY INVOLVE A LIFETIME MORTGAGE OR HOME REVERSION PLAN, TO UNDERSTAND THE FEATURES AND RISKS, ASK FOR A PERSONALISED ILLUSTRATION.

For those seeking a “Retirement Interest Only mortgage”, a lifetime mortgage may be available and more appropriate for your needs.

Typically we charge a mortgage advice fee of £195. We may also receive commission from the mortgage lender. We will discuss all charges with you before you instruct us to proceed.

For more complex remortgages and Equity release cases, we charge a fee of £495, this is payable on application and is not refundable.