Equity Release for over 55's & Retirement Age | LDN Finance

Equity Release

Equity release and other associated products allow homeowners over the age of 55 to access the money (equity) tied up in their homes and replace other borrowing secured on the property. Please complete the form below to speak to one of our advisers.

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Equity Release

Equity release is a property finance product available to people aged over 55.

You can take out a loan secured against the value of your property whilst you continue to live in it. This money can be taken out as a lump sum, several smaller amounts, or a combination of both.

The loan is secured against your home and is similar to a standard residential mortgage except the lender is paid back once your house is sold; usually upon death or moving into long-term care. You don’t have to make any repayments towards the loan each month, instead the interest can be added to your loan and either repaid when you are admitted to long-term care or upon your passing. It may also be serviced via the monthly payments of the duration of the loan if you prefer.

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Service excellence is at the heart of our business. We are renowned for our highly personal and bespoke approach to securing property finance for our clients, ensuring you feel in control and confident throughout your investment journey.

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We thrive in complex, challenging scenarios and work creatively in our negotiations with our trusted network of mainstream, private and specialist lenders to ensure we always secure the best possible outcome for your circumstances.

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We mean it when we say we see you as a valued partner. Our relationship with you is important to us and our team will continue to serve as your personal property adviser long after your first deal with us is completed and over the line.

There are two types of equity release mortgages; a lifetime mortgage or a home reversion plan.

A lifetime mortgage typically allows you to release up to 60% of the value of your home. You can continue living in your home for the rest of your life or until you move into long-term care. But, you also have the right to move the loan to a new property so long as your new home satisfies your lender’s requirements.

Home reversion plans, which are fairly uncommon nowadays, are restricted to clients over 60 or, in some cases, over 65. You sell all or some of your home to a home reversion provider and in return, you will either receive a lump sum or regular payments for the value of the portion you sell.

Both products have their own advantages, but in order to fully understand which product is the most suitable for your situation, talk to our expert equity release advisers today.

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Types of Equity Release Mortgage

At LDN Finance, we excel at arranging tailored equity release solutions for clients over 55 years old.

LDN Finance is a firm of award-winning advisers, renowned for our service excellence. We are familiar with sourcing property finance solutions for a range of complex scenarios that require the attention only an experienced equity release adviser can offer.

Working with our extensive network of trusted later life lenders, LDN Finance can help you secure the most suitable solution to suit your needs and future retirement plans. To discuss equity release in more detail, get in touch with our expert later life lending advisers today.

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Contact our professional and experienced residential mortgage advisers and start your property finance journey today.

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