If you are considering an equity release product, your most important question likely relates back to how much you can borrow. After all, if you don’t know how much you can borrow, how would you know if an equity release product is right for you? The first step on the road to securing an equity release scheme is knowing how much equity you can actually release.
So, how much can you borrow? Do you need all of the features offered? How do you choose the right plan?
Luckily, it is quite easy to get an idea of how much equity you could release from you home with a lifetime mortgage product. We simply need a few basic details from you, and our equity release calculator will do the work for you. Once we know how much you can release, you can decide on the best plan for you.
The details we need from you are simple. Give us your age, the value of your property and your outstanding mortgage balance. Then, give us your basic contact information and you are on your way to finding out how much equity might be available for you to release. And you’ll be one step closer to tapping into your equity.
Type of Equity Release Calculator
We can even do a more specific calculation for you if you have a certain product in mind. Obviously, there are differences between a lump sum plan and a voluntary repayment one. We can help you isolate those differences in an attempt to determine which product is best for you and your individual situation. If there are differences in how much you can release with each plan, we can explain that to you as well.
You want to be sure that you are fairly well versed in the plans available. You can either do some review on our site where we have clear information on all plans, or you can reach out to us directly and we can review each potential plan with you.
Reach out for Guidance
Once you’ve seen about how much you can release from your property, we can go over the numbers with you and help you determine which product is best and what features are most beneficial for your individual situation. Choosing an equity release product can feel incredibly overwhelming, especially given how many new schemes and features are introduced all the time. While the options are great and you will surely find something to fit in with your needs, sifting through all of those options can be daunting. That is where we can be of the most assistance.
Simply put your data into our calculator. Let it tell you the amount you can likely borrow and then leave the rest up to us when it comes to finding the best deal for you. Our consultation is free, and we are always happy to assist you in choosing and securing the right product for you.
You can contact us through phone, live chat, or email and each of the links is below.