Equity Release Specialists in Leeds
There are a variety of reasons why someone might want to release the equity in their home.
From supplementing your income, through to paying off debts or helping your children onto the property ladder, equity release can provide you with the funds you need.
Freedom Advice has helped people throughout Leeds and the surrounding areas make the best and most informed decisions around equity release options.
What is equity release?
Put simply, equity release is a tax-free solution for over 55s that want to unlock the value of their property by turning it into a cash solution
This allows people to spend the money in any way that they wish.
Depending on the solution that you choose, you can decide to obtain the money as a single lump sum, or in smaller amounts from which you will pay interest.
What can equity release be used for?
Every case that we work with is different. Some people may want to undertake home improvements, whereas others will use the equity to support family members.
According to the Equity Release Council, around £11 million is released every day, with money being used for a variety of reasons, including so that people can enjoy their retirement without serious financial constraints.
How can Freedom Advice help?
We have been providing equity release advice to Leeds residents for years and we can help you realise your dreams and ambitions by making the right financial decisions for your future.
If you have questions about equity release, or are curious as to whether Freedom Advice can help, contact us on 0113 829 3465, or fill in the contact form below.