Step 1 - Do you qualify?
You and your partner must be aged 55 or more. Your property must be worth at least £60,000 and you must be able to clear any outstanding loan secured on the property from the funds you release.
Step 2 - Is equity release the right option for you?
Contact Equity Release Professional on 07905 644642 for specialist independent advice. We will tell you more about equity release . We will also have an independent equity release professional provide you with a free, no-obligation quotation, researching the whole of the market to find the plan that best suits your requirements - only then can you make an informed decision on whether equity release is the right option for you. We always recommend that you discuss your plans for equity release with your family.
Step 3 - Complete application forms and paperwork
If you choose to proceed, an application form is completed for your chosen plan and a suitably qualified valuer is instructed by the plan provider to ascertain the value of your property and ensure it meets their criteria. An offer is made and your solicitors are instructed to start work.
Step 4 - Receive your cash
Approximately 6 to 8 weeks after applying, you will receive your funds from your solicitor to enjoy in any way you wish.