What is Equity Release?

Equity Release is a way of unlocking some of the value of a property, without having to move home.  You need to be at least 55 years old and can use the money for whatever you want.

Before we offer any advice of the subject, we will ensure you have considered any alternative options available to you, for example:  downsizing to release capital, obtaining money from your family or any grants you are entitled to, or even, if appropriate, obtaining a traditional mortgage or loan.

Once we are satisfied Equity Release is right for you, we will guide you through the process, always encouraging you to involve your family and solicitor in the decision.  We have access to the Whole of the Market and will ensure we recommend the Equity Release which is most suited to your circumstances.

Equity Release can offer either an immediate lump sum, a series of smaller lump sums (known as drawdown payments) or regular monthly payments, which are set against the value of your home.

East Anglian Mortgages only deals with providers are members of SHIP (Safe Home Income Plans), a self-regulating industry body, set up by the lenders.

Please contact us for FREE CONSULTATION to see if Equity Release is right for you - no appointment necessary.

An equity release plan will reduce the value of your estate, will not be suitable for everyone and may affect your entitlement to state benefits.  To understand the features and risks, ask for a personalised illustration.

What will you pay for our services? 

A fee of £95 at the outset and £500 payable on completion.  We will also be paid commission from the company which lends you the money