Release Equity From Your Home For Retirement, Without Having to Make Any Monthly Repayments.
If you are over the age of 55 and need money but don’t want to pay the extortionate interest rates associated with short term or traditional loans, Consumer Savings Network may be able to help. Many Home Owners have accumulated Equity from the rise in their home value but don’t have that money readily available to use for their enjoyment or to help family members. We can help you Release Equity from your home so that you will be able to receive the money you need and use it as you would like, for example; to take the holidays you always wanted to do, or to reduce your outstanding debts, or to help your loved ones, maybe even to get that special sports car?
It’s your money made available now, to improve your lifestyle in retirement as you like!
Get the cash you would like now, to use as you like!
A Home Equity Release Program is ideal for homeowners over the age of 55, who have equity in their home and would like to enjoy the money for retirement without having to sell their home or make monthly loan repayments.
Through equity release, also known as a Lifetime Mortgage, the lender provides you with a lump sum of money based on the equity value of your home in today’s market. You can use the money as you like, as the lender only takes the loan repayments plus interest back after you have passed away, moved into care /or sold the house. You are also guaranteed occupancy for life as you remain the legal owner!
This is ideal for clients who would like to access cash at a low interest rate and not have to worry about loan repayments.
There are many practical reasons to take an Equity Release Loan, for example;
- If you have a considerable amount of equity in your home, it can help reduce the inheritance tax liabilities for your loved ones.
- If you have lost your income earning partner/spouse and are concerned with not having enough money for retirement.
- If you would like to enjoy your retirement years without compromising on your dreams or burdening your loved ones for financial support.
- Or, If you wish to help your loved ones with money they could use now, to help get on the property ladder, buy a car, finance a wedding, etc. rather than when you are not around to see them enjoy and appreciate it.