Equity Release
Derry | Belfast | Magherafelt | Northern Ireland
Equity Release
Derry | Belfast | Magherafelt | Northern Ireland
Equity Release (NI) provides advice on a range of equity release options to meet the diverse financial needs of clients across Northern Ireland. With a offices across the country in Belfast, Magherafelt and Derry / L’Derry, we are here to provide specific equity release advice and support. Our friendly team at Equity Release (NI) works alongside you to provide equity release options, home reversion schemes and lifetime mortgages.
Contact Equity Release (NI) today to arrange an appointment and maximise the potential of your property.
A Lifetime Mortgage is just one solution to later life funding and other options should also be considered alongside this, such as downsizing your property, use of personal savings or an investment portfolio or a Retirement Interest Only Mortgage options
Equity Release Plans
Our equity release options allow you to access the value tied up in your property without the need to sell or move. This service offers a solution if you are looking to unlock the wealth stored in your home to support your retirement, cover essential expenses, or fulfil your financial goals.
Home Reversion Schemes
With our home reversion schemes, you will agree sell a portion of your home’s value to the plan provider in exchange for a lump sum or regular payments. The amount you receive depends on the proportion of your property that you sell. You can continue to live in your home without paying rent for the portion you've sold for the remainder of your life. Once you sell or leave your property, the Lifetime Mortgage provider will receive the agreed share of the proceeds.
Lifetime mortgages
Equity Release (NI) can provide homeowners with advice and access to lifetime mortgages. Homeowners can secure a loan against the value of their property, with the option to receive a lump sum or regular payments. A Lifetime Mortgage will allow you to retain ownership and continue living in your home. In terms of interest charged, this will increase over time and will reduce the remaining value within the home. Typically, this will be repaid when the property is sold, or you go into long term care.