“We are qualified and experienced in advising landlords aged 55 or over on how to raise capital against their buy-to-let properties.”
Ian Ward CeMAP CeRER
Director
If you are a landlord aged 55 or over with one or more buy to let properties, you might have heard about accessing capital from your investments through equity release.
Landlords can now access cash tied up in their properties through buy-to-let equity release products. Equity release can be an attractive option for those aged 55 or over as it can help to pay for:
- Home improvements or adaptations to help you live in your own residential home independently for longer
- Any outstanding debts such as mortgages, credit cards or personal loans
- Help around the home including domiciliary social care
- Big ticket items such as a new car
- Helping your children and grandchildren with deposits on a house or university fees
There will be a fee for lifetime mortgage advice. The precise amount will depend upon your circumstances but we estimate that it will be £995.00. To understand the features and risks ask for a personalised illustration.
At Willson Grange Mortgages our advisers are experienced in and qualified in providing advice on equity release. We are also members of the Equity Release Council. If you are a landlord considering equity release as an option, one of the first things you should do is talk through your plans with a qualified equity release mortgage adviser. Your initial consultation should be free of charge to help you consider and understand the options available to you. It could be that there are other options for raising capital which would be better suited to you than equity release.
This is something you will need to consider with equity release. You might need a lump sum now but you may also like the flexibility of drawing down regular or occasional amounts as you need it. The way in which you borrow the money has an impact on the interest to repay so this is something our equity release mortgage advisers will talk through with you.
You may like to share any financial plans for your home and your future with your family. We are happy to talk through the options for equity release with you in the presence of your family members. In particular this can be very important if you are releasing equity from your home to help support your loved ones with their plans. We can act as a trusted and continued source of mortgage advice for your family members.
Equity release is becoming more popular as we are living longer and our lifestyles change. This does not mean you should enter into an equity release mortgage lightly. It is still a big decision to free up the wealth in your home that you have worked so hard to achieve. It may be that there are other mortgage options that you have not considered, which is one of the reasons why you should talk through your plans with a qualified and independent mortgage adviser. At Willson Grange Mortgages we are experienced in helping clients make decisions about finance involving their homes. If you do decide to go ahead with equity release through us, you can be confident that you have received advice from a member of the Equity Release Council – a seal of approval for us as equity release mortgage advisers. Call, email or visit us for your free of charge consultation with one of our friendly and trusted mortgage advisers.
Get in touch with our team of experts
✓ We are members of the Equity Release Council
✓ Our Mortgage Advisers are specifically qualified in later life lending
✓ We offer independent, whole of market equity release advice
✓ Free of charge initial consultation to discuss your mortgage needs
✓ Appointments in the comfort of your own home
✓ Excellent customer service proven by client testimonials
✓ Access to equity release finance not available on the high street
✓ Peace of mind arranging your finances through a professional
✓ Confidence that we have explored all options available to you
✓ Regular updates from our customer focused and caring team