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Wednesday 1 June 2022
Wednesday 1 June 2022
Wednesday 1 June 2022
Wednesday 1 June 2022
Equity release mortgages offer a practical way to unlock the value of your home, providing tax-free cash that can be used to meet your needs. Whether you want to fund home improvements, purchase a new car, or share the wealth with your family, equity release can make it possible without selling or moving out of your property. At Barrett Mortgages, we specialise in guiding clients through the process to ensure it’s the right decision for their circumstances.
Benefits of Equity Release
Tax-Free Money: The cash released is tax-free and can be used as you see fit.
Spend on What You Want: Use the funds for home improvements, gifts, or leisure.
No Monthly Payments Required: Repayment is only necessary when you pass away or move into long-term care.
Experienced Advisors: Get honest advice from our trusted experts.
Flexible Options: Choose from a range of tailored equity release products.
How Does Equity Release Work?
Equity release mortgages are available for homeowners aged 55 and above.
Key Features:
Borrowing Power: The amount you can borrow depends on your age and the value of your home.
No Mandatory Monthly Payments: While monthly payments are not required, they can be made to reduce the interest accrued.
Careful Consideration: Added interest and potential early repayment charges must be factored into your decision.
What Is Equity Release?
Equity release allows homeowners aged 55+ to access a portion of their property’s value in cash.
Types of Equity Release:
Lifetime Mortgage:
Retain ownership of your home.
A loan secured against your property.
Repayable when you pass away or move into long-term care.
Home Reversion Scheme:
Sell a part or all of your property at below market value.
Stay in the home as a tenant.
(Barrett Mortgages does not advise on Home Reversion Schemes.)
Both options allow you to stay in your home until the last borrower passes away or moves into care.
Get Expert Advice
Equity release mortgages come with benefits and considerations. That’s why it’s essential to work with a trusted advisor to explore all your options.
At Barrett Mortgages, we’ve been helping clients make informed decisions since 2009. Our clear, upfront, and trustworthy approach has earned us a reputation as a leading mortgage brokerage in Dorset.
Contact Us
📞 01202 733809
📧 enquiries@barrettmortgages.com
📍 Visit us at Parkstone Road, Poole, Dorset
Discover the possibilities of equity release with Barrett Mortgages—your trusted partner in financial freedom.
Equity release mortgages offer a practical way to unlock the value of your home, providing tax-free cash that can be used to meet your needs. Whether you want to fund home improvements, purchase a new car, or share the wealth with your family, equity release can make it possible without selling or moving out of your property. At Barrett Mortgages, we specialise in guiding clients through the process to ensure it’s the right decision for their circumstances.
Benefits of Equity Release
Tax-Free Money: The cash released is tax-free and can be used as you see fit.
Spend on What You Want: Use the funds for home improvements, gifts, or leisure.
No Monthly Payments Required: Repayment is only necessary when you pass away or move into long-term care.
Experienced Advisors: Get honest advice from our trusted experts.
Flexible Options: Choose from a range of tailored equity release products.
How Does Equity Release Work?
Equity release mortgages are available for homeowners aged 55 and above.
Key Features:
Borrowing Power: The amount you can borrow depends on your age and the value of your home.
No Mandatory Monthly Payments: While monthly payments are not required, they can be made to reduce the interest accrued.
Careful Consideration: Added interest and potential early repayment charges must be factored into your decision.
What Is Equity Release?
Equity release allows homeowners aged 55+ to access a portion of their property’s value in cash.
Types of Equity Release:
Lifetime Mortgage:
Retain ownership of your home.
A loan secured against your property.
Repayable when you pass away or move into long-term care.
Home Reversion Scheme:
Sell a part or all of your property at below market value.
Stay in the home as a tenant.
(Barrett Mortgages does not advise on Home Reversion Schemes.)
Both options allow you to stay in your home until the last borrower passes away or moves into care.
Get Expert Advice
Equity release mortgages come with benefits and considerations. That’s why it’s essential to work with a trusted advisor to explore all your options.
At Barrett Mortgages, we’ve been helping clients make informed decisions since 2009. Our clear, upfront, and trustworthy approach has earned us a reputation as a leading mortgage brokerage in Dorset.
Contact Us
📞 01202 733809
📧 enquiries@barrettmortgages.com
📍 Visit us at Parkstone Road, Poole, Dorset
Discover the possibilities of equity release with Barrett Mortgages—your trusted partner in financial freedom.
