About Equity Release
An equity release plan can help you release the money locked into your property, helping you to increase your retirement finances. If you are aged 55 or over and a UK property owner you could release some extra cash to help you enjoy the retirement that you deserve. The cash that is released from your equity is tax free and can be spent in any way that you wish.
Try our Equity Release Calculator and discover how much money you could release from your property today.
What Is Equity Release?
How Equity Release can help you.
Equity is the difference between the value of a property and any debts on that property. With property values rapidly rising over the last 10 years many people find themselves being in the position of having large amounts of equity, but wishing that they had more available money.
Equity Release is a simple and safe way to unlock tax free cash from your property. The plans that Braemar recommend are for UK homeowners aged 55 or over. You will not have to sell your home or move out and the money that you release can be spent in any way that you wish.
Maybe you would like some extra cash to:
- Make home improvements
- Buy a new car or take a holiday of a lifetime
- Treat your family or friends
- Increase your retirement income
- Reduce the inheritance tax your heirs will pay
Types of Equity Release plans offered by Braemar
Braemar can offer you two ways to release equity from your property.
Lifetime Mortgages
A lifetime mortgage is an Equity Release scheme that secures a loan on your home. No monthly repayments are made on the loan until the death of the last surviving partner or their moving permanently into long term care.
read more on lifetime mortgages
Home Reversion
With a home reversion plan you sell a percentage of your property to a home reversion company. You will receive a tax free cash lump sum and the right to stay in your home for the remainder of your life.
Equity Release products are lifetime mortgages and home reversion plans. To understand the features and risks of lifetime mortgages and home reversion plans, ask for a personalised illustration.
Equity Release Safeguards for you
All schemes that Braemar recommend can help you to have a more comfortable retirement by safely releasing equity from your property. Each equity release plan available from Braemar is guaranteed to ensure your safety in the following ways:
- No monthly repayments to make in your lifetime
- You can stay in your home for as long as you wish
- A no negative equity guarantee, the amount owed will never exceed the value of your home
- Braemar will only ever recommend equity release scheme providers who will guarantee your safety and peace of mind. All scheme providers adhere to SHIP and FSA regulations.
Please read our Safeguards section to see how you are always protected if you wish to release equity from your property.
Specialist independent equity release advice
To release equity is a simple concept but a complex matter; making the wrong decision could cost you or your estate thousands of pounds. It is therefore vital that you seek impartial, independent advice from a specialist independent adviser like Braemar Equity Release. We will help you to identify if releasing equity is the right option for you and help you to find the most suitable scheme available.
If you are considering releasing equity from your property there are lots of things to think about, e.g. if you decide to release equity from your property, it may affect your entitlement to state means tested benefits. For further examples, please visit our points to consider page which you should read carefully.
Find out how much you could release with our equity release calculator.
Discover more about Equity Release with our FREE, no obligation, equity release information pack or call us free on: 0800 030 55 95
Equity Release products are lifetime mortgages and home reversion plans. To understand the features and risks of lifetime mortgages and home reversion plans, ask for a personalised illustration.
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Equity Calculator
Discover today how much Equity you could possibly Release with our Equity Release Calculator.
