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Knight Frank Finance is entering the later life market offering a range of products for older homeowners including equity.
For buy to let equity release, there are a very limited number of lenders and options available, and as a result the rates and maximum loan to values are far lower. Common myths surrounding equity release lifetime mortgages. Deciding whether you wish to release equity from your buy to let property is a big decision that you shouldn’t take.
Equity Release for over 55s. Our Advisor can help with Equity Release Lifetime Mortgages including Drawdown Plans for a variety of purposes.
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Equity release is not a scandal – although it was back in the late 1980s when companies such as fisher prew smith (long defunct) fleeced borrowers, and some lenders went on to chase their.
Equity release allows you to access some of the value of your home while you carry on living there. To qualify you need to be a UK home owner aged 55 or older with a property worth at least 70,000. With equity release, you can access funds and stay living in your home for as long as you want to.
Equity release is a way to unlock the value of your home by taking out a loan against it. See the different methods to do this and our lifetime mortgages.
Equity release is, in a nutshell, a way to unlock the value of your property and turn it into a cash lump sum. You can do this via a number of policies which let you access – or ‘release’ – the equity (cash) tied up in your home, if you’re 55+. As a rule, you can take the money you release in one lump sum,
However, there is a way you can release some of your equity (and get that money in your bank account) without selling up. It might come as a surprise, but you can actually get access to your equity simply by remortgaging for a higher amount than is left on your current mortgage.
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Clairvest Group Inc. is a private equity management firm that invests its own capital. Forward-looking Statements This news release contains forward-looking statements with respect to Clairvest.