If you’re over 55 you might be thinking about how you are going to fund your retirement. Indeed, you might already be retired and wondering if there’s any way you could improve your financial situation.
If you own your home, one option might be an equity release plan. These plans release capital tied up in your home to supplement your finances.
The money you release can be spent in any way you like and, what’s more, there are typically no monthly repayments to make. And there’s no need to worry about the longer term: you can stay in your home for life, or until you decide you want (or need) to move.
Here at Orchard Mortgages we have experienced and qualified advisors to help you chose whether an Equity Release is right for you.