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.