Newland Avenue - Hull
Our new equity release adviser
We can now offer equity release advice to help you unlock money from your home for a more comfortable retirement.
What is equity release?
If you're 55+ years old, equity release could be an option for you to unlock the value in your property, giving you access to the equity (money). The money you release can be taken either as a lump sum, in several smaller amounts, or a combination of both.
Equity in your home is the difference between its current value and any loans, such as a mortgage secured against it.
Why release equity in your property?
If you’re a homeowner, you may have seen the value in your home increase over time. Equity release allows you to tap into some of this value and release a sum of money.
There are a few different reasons why you might consider releasing equity in your property. It can allow you to do the things in life that you might not have had time for, such as helping your family, making repairs to your house, going on the holiday of your dreams, or perhaps having a more comfortable retirement.
If you’re thinking about taking out an equity release product, we recommended you seek professional advice. An equity release adviser will be able to search for a plan that is suitable for you. They're regulated by the Financial Conduct Authority (FCA) and will be a member of the Equity Release Council.
Our new equity release adviser, Lesley Thomas, is now a qualified specialist in this area. Lesley is available for a free initial consultation to discuss your circumstances and can answer any questions you have about releasing equity in your property.
Get in touch if you'd like to have chat about equity release and how we could help you enjoy a more comfortable retirement.
Equity release may involve a lifetime mortgage or a home reversion plan. To understand the features and risks ask for a personalised illustration. Equity release is not right for everyone. It may affect your entitlement to state benefits and will reduce the value of your estate.
MAB Wealth Management is a trading name of MABWM Limited and is an Appointed Representative of TenetConnect Ltd who are authorised and regulated by the Financial Conduct Authority.
TenetConnect Limited is entered on the Financial Services Register (https://register.fca.org.uk) under reference 149826.
MABWM Limited Registered Office: Capital House, Pride Place, Derby, DE24 8QR. Registered in England number: 07090185.
Registered Office: MAB Wealth Management, 2 Pride Place, Pride Park, Derby, Derbyshire, DE24 8QR.
Because we play by the book we want to tell you that…
Your home may be repossessed if you do not keep up repayments on your mortgage.
There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances.
The fee is up to 1%, but a typical fee is 0.3% of the amount borrowed.