Derbyshire Equity Release

The myth: “It’s unsafe and unregulated”

The facts: The industry is regulated by the Financial Conduct Authority (FCA), and all lenders and advisers must adhere to their standards.Lenders are commonly also members of the Equity Release Council – the lifetime mortgages trade body, which is dedicated to protecting people that hold equity release plans – and must observe their code of practice.

Let us help you find an equity release mortgage that is tailored to your life - contact us today:
📞 01332 554098
📩 [email protected]

In 2020, 46% chose to use a lifetime mortgage to clear an outstanding mortgage

Let us help you find an equity release mortgage that is tailored to your life - contact us today:
📞 01332 554098
📩 [email protected]

Our fees are fixed and only payable on completion, so you know exactly where you stand 👍

We care as much about your home as you do so contact us today

📞 01332 554098
📩 [email protected]
🏠 2 St. John’s Close, Allestree, Derby, DE22 2PN

The myth: “I can’t leave an inheritance to my loved ones”

The facts: If leaving an inheritance is important to you, your financial adviser will be able to
recommend a product that meets your needs. You can take advantage of a number of product features to ensure that you leave an inheritance. For example, if you apply
an ‘Inheritance Guarantee’ to your lifetime mortgage, you can protect a percentage of the eventual sale value of your home from the outset, so it is available to you or your loved
ones in the future.

Another option is to make regular or ad-hoc payments, which will reduce the outstanding
loan balance and help reduce the impact of interest roll-up.

Let us help you find an equity release mortgage that is tailored to your life - contact us today:
📞 01332 554098
📩 [email protected]

In 2020, there was £106,000 released from property on average.

Let us help you find an equity release mortgage that is tailored to your life - contact us today:
📞 01332 554098
📩 [email protected]

As every customer is so different, we make sure our approach to your mortgage is flexible and perfectly tailored to your needs 🤸‍♀️

We care as much about your home as you do so contact us today

📞 01332 554098
📩 [email protected]
🏠 2 St. John’s Close, Allestree, Derby, DE22 2PN

The myth: “I’ll lose ownership and control of my home”

The facts: With a lifetime mortgage, if you stick to the terms and conditions of the loan, you will always retain ownership and control of your home. This means that you are still responsible for looking after the property.

Let us help you find an equity release mortgage that is tailored to your life - contact us today:
📞 01332 554098
📩 [email protected]

The flexibility and certainty offered by lifetime mortgages are a large reason why they are the most popular type of equity release product. Many people value the option to stay in their home, while accessing the wealth stored in their property. This option to age in place means that people don’t have to downsize and can continue to live in familiar surroundings.

Let us help you find an equity release mortgage that is tailored to your life - contact us today:
📞 01332 554098
📩 [email protected]

Wherever you are based in the UK, we work with a wide variety of mortgage lenders to find the best equity release lifetime mortgage for you and your situation 🌍

We care as much about your home as you do so contact us today

📞 01332 554098
📩 [email protected]
🏠 2 St. John’s Close, Allestree, Derby, DE22 2PN

The myth: “I can’t take out equity release if I still have a mortgage”

The facts: If you want to take out a lifetime mortgage but still have a traditional mortgage, you will need to clear the traditional mortgage with the money you release. This is because there can usually only be one charge on the property. Some lenders may allow two charges on the property, but this is not always the case. Clearing a traditional mortgage is one of the most popular reasons for taking out a lifetime mortgage, with more than two-fifths of customers using it for this purpose.

Let us help you find an equity release mortgage that is tailored to your life - contact us today:
📞 01332 554098
📩 [email protected]

While many people continue to use the equity release to fix up their home, an increasing number of people are using lifetime mortgages to support their retirement income or fund dream holidays.

Let us help you find an equity release mortgage that is tailored to your life - contact us today:
📞 01332 554098
📩 [email protected]

We are a local business and firmly believe that our customers are for life, so we will work with you to build a long term working relationship 📍🗺️

We care as much about your home as you do so contact us today

📞 01332 554098
📩 [email protected]
🏠 2 St. John’s Close, Allestree, Derby, DE22 2PN

The myth: “I can’t change my mind”

The facts: Whilst a lifetime mortgage is a long-term commitment, you can choose to pay back the full loan amount at any time. There may be a charge for this, but for mortgages with fixed early repayment charges, you’ll know about the penalty fee before signing up to the mortgage. Some of our products offer features that let you clear your mortgage without penalty such as 'Early Repayment Waiver' or 'Downsizing Protection'.

Let us help you find an equity release mortgage that is tailored to your life - contact us today:
📞 01332 554098
📩 [email protected]

Market innovation has seen the number of later life products grow by a third between 2019 and 2020 – giving customers increased flexibility and certainty.

Let us help you find an equity release mortgage that is tailored to your life - contact us today:
📞 01332 554098
📩 [email protected]

Our equity release mortgage fee is fixed so there are no surprises. You will always know where you stand and have all of our expertise, guidance and advice 💷

We care as much about your home as you do so contact us today
📞 01332 554098
📩 [email protected]
🏠 2 St. John’s Close, Allestree, Derby, DE22 2PN

The myth: “It’s not possible to reduce
the debt”

The facts: Most lifetime mortgages offer the option to make partial, or full, repayments. Some plans may charge for this, but for mortgages with fixed early repayment charges, you will already know about the penalty fee before signing up to the mortgage. You can also choose a product that allows repayments, so that you can reduce the balance throughout the mortgage term.

Let us help you find an equity release mortgage that is tailored to your life - contact us today:
📞 01332 554098
📩 [email protected]

Equity release has become increasingly popular. The amount of equity being released has grown in recent years, reaching almost £4 billion by the end of 2020. And with popularity set to continue increasing, we are expecting many more homeowners to tap into their property wealth.

Let us help you find an equity release mortgage that is tailored to your life - contact us today:
📞 01332 554098
📩 [email protected]

Juggling refinancing your home with daily life is stress you don’t need. Our services are flexible to fit with you – on the phone, online, in person, in your lunch hour or in the evening ☎️💻👬

We care as much about your home as you do so contact us today
📞 01332 554098
📩 [email protected]
🏠 2 St. John’s Close, Allestree, Derby, DE22 2PN

The myth: “Products are expensive”

The facts: Lifetime mortgages are typically more expensive than traditional mortgages. However, they are a different type of mortgage lending, and they offer an interest rate that is fixed for the life of the mortgage, which can be 25+ years long. The products also come with safeguards which traditional mortgages don’t offer.

Let us help you find an equity release mortgage that is tailored to your life - contact us today:
📞 01332 554098
📩 [email protected]

Property wealth is playing an increasingly important role in retirement planning, with more and more people recognising that their home is their biggest asset.

Let us help you find an equity release mortgage that is tailored to your life - contact us today:
📞 01332 554098
📩 [email protected]

Every home and every homeowner is different, so your mortgage should be too. We know that one mortgage doesn’t fit all, and we will always work hard to find the best deal for your needs 🏠🏡🏘️

We care as much about your home as you do so contact us today
📞 01332 554098
📩 [email protected]
🏠 2 St. John’s Close, Allestree, Derby, DE22 2PN

The myth: “The interest rolls up quickly and the debt grows in size”

The facts: If you choose an interest roll-up mortgage, the outstanding balance will grow quickly over time. This is because interest is calculated on a daily basis and added to the mortgage balance each month.

If you want to reduce the impact of interest roll-up, you can choose a product that allows you to make repayments. Much like a traditional mortgage, some lifetime mortgages give you the option to make ad-hoc capital and interest repayments.

Let us help you find an equity release mortgage that is tailored to your life - contact us today:
📞 01332 554098
📩 [email protected]

In 2020, 18% chose to use a lifetime mortgage to support loved ones

Let us help you find an equity release mortgage that is tailored to your life - contact us today:
📞 01332 554098
📩 [email protected]

We are so proud of our Derbyshire roots and love to be able to speak with our customers face to face. When you’re ready to take your first step, our kettle is on and we’re ready to talk to you ☕

We care as much about your home as you do so contact us today
📞 01332 554098
📩 [email protected]
🏠 2 St. John’s Close, Allestree, Derby, DE22 2PN

The myth: “I’ll end up owing more than my home is worth and leave my loved ones with debt”

The facts: Our products come with a ‘No Negative Equity Guarantee’. This means that when your home is sold, we guarantee that we will not ask you or your loved ones to pay the shortfall, if solicitor and estate agents’ fees do not leave you with enough to pay the amount owed to us. If your home is sold for more than the amount you’ve borrowed against it, the amount left over belongs to you or your loved ones.

Let us help you find an equity release mortgage that is tailored to your life - contact us today:
📞 01332 554098
📩 [email protected]

In 2020, 11% chose to use a lifetime mortgage to go buy a new car or caravan

Let us help you find an equity release mortgage that is tailored to your life - contact us today:
📞 01332 554098
📩 [email protected]

The myth: “I have to stay in my property for the rest of my life”

The facts: If you want to, you can stay in your home for the rest of your life. Or, if you’d prefer a change of scenery, you can choose to ‘port’ your lifetime mortgage to your new home, providing it’s suitable to the mortgage provider. This means that when you move into your new home, you take the mortgage with you.

Let us help you find an equity release mortgage that is tailored to your life - contact us today:
📞 01332 554098
📩 [email protected]

In 2020, 11% chose to use a lifetime mortgage to go on holiday

Let us help you find an equity release mortgage that is tailored to your life - contact us today:
📞 01332 554098
📩 [email protected]