Releasing equity from your home using a lifetime mortgage

Equity ReleaseHow it works, the basics

  • It’s a loan secured against your property
  • Interest is added on to the loan each year, but you make no payments from your bank account
  • The mortgage must be repaid if you move house, die, or go into a nursing home

This form of lending is most suitable for those over 65, however, it’s possible to do this if you are over 55.

We have access to the whole of the market and provide unbiased advice, even if the best thing for you is to downsize to release equity.

Equity Release Council (ERC)

We only use ERC lenders because they provide a ‘no negative equity guarantee’. This guarantee means your lender promises that you or your beneficiaries will never have to pay back more than the value of your home, even if the debt has become larger than this.

These are lifetime mortgages. To understand their features and risks, ask for a personalised illustration.

Templegate covers the cost of the initial consultation.

So what next?

The only thing left for you to do is pick up the phone and call Templegate on 01264 300125 or 0345 833 8837, email or complete our enquiry form.

Templegate Financial Planning Ltd is an appointed representative of 2plan wealth management Ltd, which is authorised and regulated by the Financial Conduct Authority. 2plan wealth management Ltd is entered on the Financial Services Register under reference 461598. The FCA do not regulate will writing services or some forms of mortgages and Inheritance Tax planning. The information and content of this website is intended for UK consumers only and is subject to the UK regulatory regime. Templegate Financial Planning Ltd. Registered Office: Winton House, Winton Square, Basingstoke, Hampshire, RG21 8EN Registered in England No. 04416499.