Equity Release Mortgage Advice
Meet our expert – Mark Gregory, Founder and CEO of Equity Release Supermarket – the UK’s no.1 independent whole of market equity release advisory service, is here to answer your questions.
With more than 20 years of experience in the equity release market, Mark set up Equity Release Supermarket in 2008 and it’s now a multi-award-winning advisory firm which prides itself on delivering excellent customer outcomes through its transparent, independent, whole of market advice.
Equity Release Supermarket has an average customer satisfaction rating of 4.9 stars out of 5 on Feefo, and over 1,900 real customer testimonials which prove that customers really do rate the service provided and the expertise of both the advisers and the wider support teams.
What is equity release and are you eligible?
If you’re a homeowner aged 50+ an equity release mortgage could give you the financial flexibility you desire in your retirement.
There are different types of equity release plans available, including Home Reversion and RIO mortgages, however the most popular is a flexible lifetime mortgage. With a lifetime mortgage the property remains 100% your own and there are a range of flexible features to suit your individual needs
• Fixed interest rate for life – this gives you the certainty of knowing your future balance
• Drawdown – this gives you access to future cash via a cash reserve facility
• Voluntary repayments – you can pay up to 10% per annum of the loan with no penalty
• Inheritance guarantee – you can safeguard a percentage of the property value
• No negative equity guarantee – this means you’ll never leave a debt to your heirs
• No fees until completion – you won’t pay an advice fee until your money is released
Find out how much you could release
If you’d like to find out how much you could borrow, Equity Release Supermarket has created a real-time calculator on our website and gives you an indication of how much you could release based on your age and property value. Click here to go to the calculator.
