Spotlight On | Posted on May 24th, 2022 | return to news
Spotlight On Equity Release
Bob Ducker Lifetime Mortgage Broker
In these difficult times more and more people are looking to release funds from the Equity in their homes. This can be a lump sum or an initial lump sum and a cash reserve drawdown facility. The funds are yours to do with as you wish. I know that ‘Equity Release’ had an awful reputation in the past but in 2009 this section of the Financial Services world became highly regulated and a great deal of safeguards and transparency were introduced ensuring greater transparency and far superior mortgages with many features.
A Lifetime Mortgage is just a mortgage but with many benefits over a ‘standard’ repayment or Interest only mortgage. For example
- You do not have to make repayments unless you wish to
- Mortgage amounts are not based on income or affordability
- You are protected by the Negative Equity Guarantee,
- You cannot be repossessed
- You can make ad hoc repayments if you wish
- The mortgage is very flexible and is portable
- You can repay the mortgage at any time
- You still own your home
Lifetime Mortgage Market is an Independent Brokerage specialising in this market. Bob has over 40 Years Financial Services experience and decided to specialise in this market in 2009 when the new regulations came into force.
All of our meetings are on a Face to Face basis in your home. All Research and initial advice is FREE and with NO obligation. Depending on your requirements there may be a fee payable on successful completion ONLY. Our standard fee is £995.
If you would like free consultation to discuss all the options, please call Bob on
01202 872778
07971 376782
Email Bob@lifetimemortgagemarket.co.uk
Web www.lifetimemortgagemarket.co.uk
To understand the features and risks, ask for a personalised illustration
Equity release may impact the size of your estate and it could affect your entitlement to current and future means-tested benefits
Lifetime Mortgage Market is a trading style of One Stop 4 Equity Release Ltd which is authorised and regulated by the Financial Conduct Authority. FCA No 952887.
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