Want to know more about equity release?
Watch our two-minute video that will explain how equity release could work for you.
Would you like to know more, call us on 0800 999 3339 or book a call back.
Richard has been voted ‘mortgage adviser of the year’ and won numerous industry awards.
Tom is an accredited later life Lending professional with The London Institute of Banking & Finance.
See how much you could release with our simple lifetime mortgage calculator.
In your home, valuable tax-free cash may be tied up that equity release can help you access without needing to sell or relocate. This financial solution, commonly referred to as a 'Lifetime Mortgage', allows homeowners aged 55 and over to utilise their property wealth whilst continuing to live in their beloved home.
Various options exist including borrowing against your property's value or selling a portion of your home for either a lump sum payment or regular income. Flexibility is offered in many plans, with the opportunity to withdraw additional funds later should your circumstances change. To qualify, you must own your property outright or have only a small mortgage remaining (which would need to be settled using the released funds).
For your financial security, all equity release providers must operate under strict regulations enforced by the Financial Conduct Authority (FCA). When considering a lifetime mortgage option, important safeguards are in place to protect both you and your loved ones.
One crucial assurance is the 'no negative equity guarantee', which ensures that neither you nor your estate will ever be required to repay more than your property sells for, provided it's marketed at a reasonable price. Throughout the process, independent legal advice is mandatory, giving you complete peace of mind that your interests are protected when making such an important financial decision about your future.
The possibilities for your released funds are endless and entirely your choice. Many homeowners in Stirling choose to renovate their property, creating their dream home for retirement. Your financial freedom might mean purchasing a new car, travelling to destinations you've always dreamed of, or clearing existing debts to reduce monthly outgoings. Perhaps supporting family members with education costs or helping children onto the property ladder appeals to you. Simply knowing your retirement is financially more secure can provide invaluable peace of mind during your later years.
Here are a few of the most common reasons people choose equity release.
Repaying
University or weddings
Tailored mortgage and equity release advice is our speciality at Equity Release and Mortgage Partnership Stirling. Informed choices about your financial future are made possible through our many years of experience in the industry. Clear, straightforward guidance is what our team offers, whether you're exploring releasing value from your home or seeking the most competitive mortgage deal available.
Your financial future's security is our mission, and unwavering support throughout your journey is our commitment. A brighter, more secure future is what we help you create through our personal touch and professional service.
Here’s what to expect when you work with us for equity release, if you live in Stirling.
You get in touch for a no-obligation chat, either over the phone or face to face. Your adviser will explain how equity release works, answer initial questions, and check whether it could be suitable.
If equity release looks appropriate, your adviser will carry out a full assessment of your circumstances and recommend a plan tailored to your needs.
Your chosen lender will arrange an independent valuation of your home. This confirms the property value and the final amount you can release.
You’ll receive independent legal advice from a solicitor of your choice. They’ll explain everything in plain English and handle the legal side before completion.
Once everything is approved, your equity is released to you as a lump sum, smaller amounts, or a mix of both. You remain the owner of your home for life, with no mandatory monthly repayments.
You’re supported at every stage, and you’re free to stop the process at any time.
YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.
Equity Release and Mortgage Partnership Ltd is directly authorised and regulated by the Financial Conduct Authority (FCA) and is entered on the financial services register http://register.fca.org.uk under reference 986900. Privacy Notice. Update cookies preferences
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