Top equity release brokers in Northampton
Are you looking for advice about releasing equity in Northampton or the surrounding areas? Contact our equity release brokers now
At Trusted Equity Release, our expert equity release advice is open to all homeowners over 55 residing in Northampton or the nearby areas. Whether you are considering equity release mortgages or retirement mortgages, our specialist team – led by Jeremy - is ready to provide guidance on releasing equity. This could enable you to finance home improvements, embark on a dream holiday, or boost your retirement income.
Lifetime mortgages in Northampton
Releasing equity from your property is a significant decision, demanding careful consideration, open discussion, and professional advice. At Trusted Equity Release, we bring a wealth of experience in the finance industry and have access to the entire equity release market, allowing us to offer tailored advice and assistance.
Our dedicated equity release brokers are equipped to provide you with all the information necessary for an informed decision. We prioritise building personal relationships with our clients and gaining insight into their desires and goals to offer the best possible advice.
As proud members of the Equity Release Council, our recommendations adhere to ERC standards. This ensures certain fundamental rights for those engaging in equity release, such as the right to remain in the property for life or until long-term care is necessary, the option to move to another property meeting specific criteria, and the assurance of a 'no-negative equity' guarantee. This ensures that, after all fees are settled, you will never owe more than the value of your property.
To book a free consultation, please call 01354 688 018 now.
Reasons to release equity from your Northampton home
- To pay off existing debts or a residential mortgage
- To fund home improvements or adapt your home so you can continue living there
- To add to your retirement income for day-to-day living costs
- To help children or grandchildren with a 'living inheritance' – usually used for housing costs to pay for a wedding or education
- To go on holiday or travel more
- To fund care at home or private medical bills
Why book a consultation with our Northampton equity release company?
An increasing number of homeowners aged 55 and above are exploring equity release products and over-55 home loans to unlock funds tied up in their property. Here are some reasons to get in touch with our equity release company:
ERC members
As proud members of the Equity Release Council (ERC), we adhere to their stringent code of conduct designed to safeguard customers. Our commitments include a no-negative guarantee, the right to reside in your home for life, and the option to move to another suitable property, provided it meets the lender's criteria. Additionally, we hold accreditation with SOLLA (Society of Later Life Advisers).
Independent equity release brokers
Being an impartial equity release company, our advisors have comprehensive access to the entire equity release market. This ensures a broad spectrum of options from various providers. Our knowledgeable advisors have access to diverse financial products, including retirement interest-only mortgages and residential mortgages.
Complimentary consultations
We offer free initial consultations conveniently conducted in your home or any other location you prefer. Alternatively, we can arrange consultations via telephone or video platforms. This allows you to pose questions without incurring any costs. We build strong personal relationships with our clients.
Releasing equity in Northampton
Northampton seamlessly blends vibrant urban living with countryside charm. The town offers many green spaces beyond its borders, including Sywell Country Park, Coton Manor Gardens, and Haddonstone Show Gardens, providing ample opportunities for outdoor activities. It also has a vibrant centre and excellent transport links.
If you made a property investment in Northampton some time back, you likely witnessed a substantial increase in the value of your investment. Property site Rightmove said the average property price surpassed £275,000 in 2023. The prevalent property sales trend in the preceding year predominantly featured terraced homes, commanding an average price of £231,000, while semi-detached houses were sold at an average of £268,000. Detached homes had an average selling price of £164,000. Overall, prices are similar to their peak in 2021.
Book an equity release consultation with Jeremy. No obligation consultations can be held in the comfort of your own home in any of the following locations:-
- Billing
- Boughton
- Brampton
- Chapel Brampton
- Dallington
- Great Houghton
- Hardingstone
- Houghton
- Kingsthorpe
- Kislingbury
- Northampton
Increase your capital with Lifetime Mortgages in Northampton
Are you aged 55 or above and looking to boost your income? We can give you all the necessary information on equity release to empower you to make an informed decision. For equity release to be the right choice, the benefits must outweigh the drawbacks.
The less favoured equity release product type is the home reversion plan, where you sell part or the entirety of your property to a home reversion plan company. In return, you receive a tax-free lump sum and a guaranteed lifetime lease without any required repayments.
The more widely embraced plan is the Lifetime Mortgage. It involves securing a loan against your property, which provides a tax-free lump sum or regular income. Interest accumulates at a fixed or variable rate throughout your lifetime, and upon your death or transition to long-term care, the loan and interest are repaid.
Advantages of Lifetime Mortgages include the flexibility to choose between a lump sum or regular income, no obligatory monthly repayments, and the continued residence in your home, allowing you to benefit from any growth in its value. All our plans feature a no-negative equity guarantee, with some offering the option to ensure an inheritance for your family.
If a lump sum is not your preference, you can opt for a Drawdown Lifetime Mortgage. This allows you to release equity gradually as needed, providing control over the released funds. Monthly income can also be requested with no obligatory repayments. Interest accruing solely on the released equity can accumulate more slowly than a regular Lifetime Mortgage.
Over 55 home loans in Northampton: How are they used?
Unlocking the cash tied into your house can be an ideal means to fund various plans and aspirations. Equity release offers versatile options for utilising the released funds, and money can be spent exactly as you wish.
Paying off a mortgage or debts becomes feasible, allowing individuals to settle existing residential mortgages or clear outstanding debts. Homeowners frequently opt for equity release to finance home or garden renovations, appreciating the subsequent increase in property values.
For those considering a living inheritance, releasing equity becomes a strategic move to assist family members with housing and other expenses. This approach enables individuals to provide financial support to their families while witnessing them benefit during their lifetime.
Equity release also opens doors to fulfilling travel dreams. Some individuals choose to release equity to fund once-in-a-lifetime holidays or to indulge in more frequent travel experiences. For further details, please see our FAQs.
