When remortgaging isn’t possible…

Equity Release

This client had been on an interest-only mortgage which was due to expire within 3 months, and due to his age, a re-mortgage was unobtainable.

As a result of this, the client was close to selling his property and buying a much smaller property in order to repay the mortgage. Instead, we recommended equity release, which allowed him to pay off his mortgage and have some money left over to help with his retirement. Best of all, he was able to stay in the family home.

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