An easier way to compare equity release schemes
If you are considering unlocking the money that is tied up in your home but want to know more about it, you’ll find a wealth of information right here at Over50choices. We can guide you through all aspects of both lifetime mortgage and home reversion plans; from understanding more about the different types of plans available, right through to the pros and cons.
You can also use our equity release comparison table to compare the key features available and read our reviews on leading providers.
Alternatively to save you the headache, you could speak to Age Partnership and let them do everything for you.
Leading experts Age Partnership compare equity release across the whole of the UK market, so they are not limited or tied to a specific number of companies. What’s more, in addition to comparing the best interest rates, they have also agreed special rates and incentives with lenders that you may not be able to get elsewhere.
They even offer a price beating guarantee that pays you £250 if you find a better like for like quote elsewhere; so what have you got to lose.
What to look for when comparing equity release
If you have started to compare equity release yourself, in addition to the interest rate charged, there are a number of options you may want to consider:
- Are you wanting to take the money in one go or look for a company that offers a draw down option so you can access the cash as and when you need it?
- Would you like to guarantee that some equity is left for family?
- Would you like the flexibility to repay some of the interest on a regular basis so the final loan is lower, or perhaps make repayments as and when you like?
So your comparison shouldn’t just be about money, it should also be about how it the scheme works and the flexibility it offers - which is where a qualified specialist can help.
Getting the best advice
Whether you prefer to speak to Age Partnership over the phone or face to face, the choice is yours. They will talk through your requirements, fully explain how plans work; help you consider whether it’s right for you or if other options are available such as downsizing and provide you with comparisons and a written illustration that you can talk through with your family.
The independent advice you get is free; you only pay of you decide to go ahead and your Age Partnership advisor is there to help and guide you every step of the way.