More and more older homeowners are releasing equity from their properties, with an estimated £10m being taken out every day.
Whilst the reasons for releasing equity are many, it is important to fully research and discuss your options with with a qualified individual if this is something you are considering.
We receive many enquiries at One 77 from individuals and couples who believe they may be too old for a mortgage. This train of thought however is not necessarily true. We work with many lenders who lend up to the age of 85 – and beyond in some cases.
If you are interested in the alternatives to releasing equity from your property, please get in touch and we will be happy to advise you.
Mortgage and Protection Adviser