Releasing Money From Existing Home

If you’re living in your current house mortgage free and don’t really want to down size, but would love to take things easy and more cash would help you with just that, then talk to us here at Steeples Mortgages and we’d be happy to help. Your family can sell your house and use the proceeds to pay off the lifetime mortgage (plus any interest) on your behalf. So why not live your live now? Go on that once in a lifetime holiday, pay for your son or daughter’s wedding, or help them out with a deposit for a property of their own?

If you’re contemplating taking things a little easier and access to more cash would help you do just that, then talk to us here at Steeples Mortgages and we’d be happy to help. If you own your current house either with an outstanding mortgage or are mortgage free and don’t really want to down size, then we can help.

Many clients have interest only mortgages that they worry about having to repay by a certain date whereas taking an equity release (or lifetime) mortgage is a common way of repaying this so that you can remain in your own home and retain 100% ownership.

Your family can sell your house and use the proceeds to pay off the lifetime mortgage (plus any interest) on your behalf. So why not live your life now? Go on that once in a lifetime holiday, pay for your son or daughter’s wedding, or help them out with a deposit for a property of their own?

This is a lifetime mortgage. To understand the features and risks, please ask for a personalised illustration. Check that this mortgage will meet your needs if you want to move or sell your home or you want your family to inherit it. If you are in any doubt, seek independent advice.

Lifetime Mortgage Frequently Asked Questions

Ready To Get Started?

Arrange A Free No-obligation Consultation With Expert Mortgage or Equity Release Advisors at Steeples Mortgages in West Yorkshire.

Rated 5/5 Stars
from 40+ Reviews

Fill out this field
Please enter a valid email address.
Fill out this field
Fill out this field
You need to agree with the terms to proceed