AKORN EQUITY RELEASE ADVICE
If you are over 55 and a homeowner, equity release is a way for you to access some of the money (the equity) that is in the value of your home.
The money you release this way is yours to spend on what you like.
SOME OF THE MOST POPULAR REASONS FOR WANTING TO RELEASE EQUITY IN LATER LIFE ARE:
Clearing debt and therefore reducing monthly outgoings
Helping a family member buy their first home
Remortgaging
Paying for home improvements or renovations to your home
Making a major purchase, like a new car or caravan
Taking that holiday of a lifetime.
To supplement income in retirement.
Taking out an equity release mortgage allows you to do these things without having to sell the property, use other assets such as pensions and savings, or take out personal loans.
HOW AKORN CAN HELP YOU WITH EQUITY RELEASE
We do not provide Equity Release advice in-house. Instead should the need arise, we would make a referral to an external Equity Release specialist.
Equity release may involve a home reversion plan or lifetime mortgage which is secured against your property. To understand the features and risks ask for a personalised illustration.
“AKORN WENT ABOVE AND BEYOND”
Colin from AKORN was very helpful and went above and beyond to help me with my mortgage. Would highly recommend.
A Lofthouse
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