Releasing Equity From Your Home

Often the only capital some people have is tied up in the property in which they live.

This is also often the case towards the latter stages of life, sometimes when a person has become widowed and at a time when they do not wish or are not ready to move but are in need of additional money.

Releasing Equity from your Home is a useful way of raising capital without the need and trouble of moving house.

It should be noted that an equity release scheme will reduce the value of the borrower’s estate and may leave nothing to pass on as an inheritance.

A cash lump sum or income from an equity release scheme may also reduce the borrower’s eligibility to state benefits.

As with mortgages, the current market is awash with choice and offers to lure potential customers to one product or another. Black Financial Services is able to remove the stress and uncertainty of this process and make it easy for you to obtain money from the property you own.

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We are not restricted to a single or group of providers, we can research the whole market to find you the best deal to suit your needs and requirements.

This is a lifetime mortgage. To understand the features and risks, ask for a personalised illustration.

There will be a fee for advice which can be paid by means of commission from the lender and/or we can charge a fee, typically 1% of the loan amount. For example, £50,000 X 1% = £500. The precise amount will depend upon your circumstances.

An equity release scheme will reduce the value of the borrower’s estate and may leave nothing to pass on as an inheritance.

We do not provide advice on Home Reversion Plans.

Your home may be repossessed if you do not keep up repayments on your mortgage
The guidance and/or advice contained within the website is subject to the UK regulatory regime and is therefore primarily targeted at customers in the UK