“Equity Release” is a general term for describing all methods of releasing funds from a residential property.
There are two main ways in which you can release equity from your property.
You can either:
- Sell part or all of your home to give you a regular income and/or lump sum. These plans are known as home reversion plans; or
- Take out a loan secured on your home (mortgage). Typically, these are known as lifetime mortgages
Equity Advice UK will ensure that all the facts are presented to you in a manner in which you can make an informed decision.
Equity Advice UK is a trading style, for website purposes only of Millennium Wealth Management Ltd