Equity release is a mortgage secured against your home. It may help some customers achieve specific objectives, but it is not suitable for everyone and alternatives should always be considered.
Some customers consider equity release for home improvements, repaying an existing mortgage, supporting family, adapting their home, or supplementing retirement income. Any recommendation depends on suitability and personal circumstances.
Take that holiday of a lifetime or that world cruise! Especially now that the Children have grown and flown the nest.
Buy that beautiful, bespoke conservatory you’ve always wanted so you can enjoy your garden all year round.
Free up your disposable income on a monthly basis and enhance your lifestyle by clearing that Interest Only mortgage you still have.
*Consolidating unsecured debt into a lifetime mortgage may reduce monthly outgoings, but it can increase the total amount repayable over time and may mean short-term debts are repaid over a much longer period. This should be considered carefully.
Help your Son, Daughter or Grandchildren get on the property ladder by giving them the deposit for their new home.
Help your Children or Grandchildren get that expensive Education which they cannot afford otherwise.
Your House is in need of some TLC. Why don’t you buy that beautiful kitchen you’ve always wanted and get rid of the tired old one that’s been there for 30 years.
Gift your children and Grandchildren some early inheritance when they need it NOW! The satisfaction gained in watching them flourish is priceless. Why wait for the inevitable?
Your Car is getting old and the repair bills are starting to soar. Why not replace it with a new or nearly new one model?
Visit your loved ones in that far away destination more often by creating a holiday fund.
Clear those horrible loans and Credit Cards that are eating into your limited disposable income and preventing you from enjoying the retirement you deserve.
*Consolidating unsecured debt into a lifetime mortgage may reduce monthly outgoings, but it can increase the total amount repayable over time and may mean short-term debts are repaid over a much longer period. This should be considered carefully.
Your Grandchildren would love to come and stay with you over the summer holidays, but you’ve no room. A beautiful home extension would solve that problem and add value to your home.
Treat yourself to that Motorhome, you’ve always dreamed off so you can take off and travel to wherever you want whenever you want.
Buy that holiday home you always wanted in warmer climes so you and your loved ones can enjoy your well-earned retirement all year round.
Release funds on a monthly basis to help with your day to day living expenses.
Equity Release Scotland
