In this video, Dan, our later life mortgage advisor, discusses equity release with Malcolm. Equity release is a form of later life mortgage, aimed at homeowners who are over the age of 55 and have a property worth at least £70,000.
Here at UK Moneyman, we offer lifetime mortgage advice as a form of equity release to our customers. To understand the features and risks, ask for a personalised illustration.
A lifetime mortgage may impact the value of your estate and it could affect your entitlement to current and future means tested benefits. The loan plus accrued interest will repayable upon death or moving into long term care.
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All views are purely that of Malcolm Davidson & do not constitute professional mortgage advice. Moneyman TV provides video coverage of the Mortgage Industry with the purpose of informing the consumer. Topics covered refer to popular mortgage situations presented by real customers on a regular basis, including First-Time Buyers, Remortgages, Home Movers and more.
UK Moneyman Limited is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited registered in England, registered number 6789312 and registered office 10 Consort Court, Hull, HU9 1PU.
What is equity release? | Later Life Mortgages Explained UK
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