EQUITY RELEASE


Sea Sense Mortgages / Equity Release

Equity Release - Later Life Lending


Equity Release – Later Life Lending

What is Equity Release ?

Also known as Retirement Interest Only Mortgage or Lifetime Mortgage this allows you to access cash in your property by taking out a loan secured on your home , either as a lump sum or instalments. This long term loan will be re paid using your home when you pass away or if you require long term care, anything left will go to your beneficiaries. Until then you will remain the homeowner with no need to move.

Why would I need Equity Release ?

There are a number of reasons as to why any homeowner would look to use this option……..
  • It could be to pay off an existing mortgage
  • Maybe you would like to finally extend your home and improve the interior or your garden
  • To top up your pensions
  • Towards care costs for a loved one
  • Help your children buy their first home, help pay off any of their student debts
  • Or you may just want to go on that once in a life time holiday and enjoy your retirement after you finish working for good.

Am I eligible?

If you are 55 or over in age and own your own home in the UK. Your home is your main residence and your home is valued at £70,000 or more .You could be eligible for this option.

What do I do next?

If this option is for you , please call 01425 477691 or go to our Contact Us page where you will find various ways of getting in contact with Sea Sense Mortgages.

To find out more about ethical equity release, please visit www.equityreleasecouncil.com.

 

 

WHY CHOOSE US

Our clients choose to trust us over the competition because of the way we conduct our business.


INDIVIDUAL ADVICE
We provide our services to suit you, whether face to face, telephone or email
FULL MORTGAGE FINDER
We search the whole market to ensure we find the right mortgage for you
CLIENT FOR LIFE PHILOSOPHY
We continue to monitor the market place and will keep you updated on opportunities
ONLINE SECURE CLIENT PORTAL
We provide access to your own Client Portal for secure messages and document uploads

YOUR HOME MAY BE REPOSSESSED
IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE


A fee of up to 2% of the mortgage amount is payable on completion for our service in relation to mortgage contracts.

The information contained in this website is subject to UK regulatory regime and is therefore intended for consumers based in the UK.

Sea Sense Mortgages Ltd is an Appointed Representative of The Right Mortgage Ltd which is authorised and regulated by the Financial Conduct Authority.

Sea Sense Mortgages Ltd is registered in England & Wales no. 4812721. Registered Office at Sea Sense Mortgages, Princecroft Willis LLP, Towngate House, 2-8 Parkstone Road, Poole, Dorset, BH15 2PW

Equity Release: This is a lifetime mortgage. To understand the features and risks, please ask for a personalised illustration. Check that this mortgage will meet your needs if you want to move or sell your home or you want your family to inherit it. If you are in any doubt, seek independent advice. 

The Financial Conduct Authority does not regulate most buy to let mortgages.