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Equity Release Mortgages

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

 

An admin fee of up £495 (typically £245) may be charged before the mortgage completes. We will also be paid commission from the lender. The precise amount will depend on your circumstances and mortgage loan amount and will be discussed and agreed prior to submitting the mortgage application

 

The Finance Roome Limited is an Appointed Representative of Personal Touch Financial Services Limited, which is authorised and regulated by the Financial Services Authority.

 

Registered Office address is 92 Church Road, Cheltenham, GL53 0PD. Registered in England and Wales. Company No. 05901651

 

The Financial Services Authority does not regulate Legal Services, Accountancy Services, Will Services, Conveyancing Services and some forms of mortgages.

 

The information contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK.

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01242 226353

Releasing Equity from your property.

You may have heard this term for several things such as remortgaging your house or selling and renting back your house, but for these purposes equity release is the phrase used to describe the regulated plans called Lifetime Mortgages and Home Reversion plans.

 

Both are regulated by the Financial Services Authority and are available to help people release the equity they have tied up in their homes without them having to move.

 

Regulated equity release has increased in popularity over the years and the flexibility and safeguards which are built into equity release plans have enabled thousands of home owners to tap safely into their biggest asset, their home, without having to worry about making monthly repayments.

TO UNDERSTAND THE FEATURES AND RISKS PLEASE ASK FOR A PERSONALISED ILLUSTRATION.

 
AN EQUITY RELEASE PLAN WILL REDUCE THE VALUE OF YOUR ESTATE AND MAY AFFECT YOUR ENTITLEMENT TO STATE BENEFITS.
 

We normally charge a fee for Equity Release advice, however this will be dependent on your circumstances. Our typical fee is £750