Is life in retirement difficult?
You have worked hard and were eventually able to purchase your home. Now that you are in requirement, it is time for your home to work hard for you. Life can be challenging in retirement, especially without a fixed source of income. Financing your living expenses is difficult and so is anything else that you would like to do such as going on a vacation, making home improvements and buying a dream car.
What is the solution?
Equity release is the solution that you need. It is the option that is available to home owners who are 55 years and older. It allows you to release money that you invested in your home. The money that is released is tax free and can be given to you on a monthly basis or as a lump sum amount.
Two main equity release plans
There are two main equity release plans which are available. These are:
This option allows you to obtain a mortgage secured against your property. As it is a lifetime mortgage, it is valid for the rest of your life. The great advantage of lifetime mortgages is that you do not need to make any repayment of the capital loan amount for the rest of your life. You are allowed to remain in your property for as long as you are capable of remaining there. When you die or move into long term care, your house will be sold to repay the loan.
This scheme allows you to sell your house or a portion of it to an equity release provider who will pay you either a lump sum amount or in monthly installments. With this scheme, you are also allowed to remain in your property until you die or move into long term care.
Who are the providers?
There are a number of equity release providers in the United Kingdom. We at MICHAEL HULME have established partnerships with some of the most renowned equity release providers in the UK. Below are the providers that we work with.
Who is Michael Hulme?
Micheal Hulme is a financial and equity release adviser who understands the importance of seeking advice when it comes to making life-altering decisions such as opting for a lifetime mortgage or a home reversion scheme. He is a dedicated equity release specialist who will provide you with as much information as you need to ensure that you make the decision that is right for you.
What does Michael Hulme has to offer you?
|Free and independent advice either face to face or via the telephone.||Access to some of the top equity release providers in the United Kingdom.|
|Advice on the different types of equity release plans that are available.||A full assessment on your current situation to determine if equity release is the right option for you.|
How do you get your free advice?
|Simply fill out the form on our website and contact us for more information.||Call us using the phone number on our website.|
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Read what some of our satisfied clients have said about our services.
I am going to take my grand children to Disneyland next month. All thanks to the marvelous advice that I received from Micheal Hulme . I finally have some extra money to do something great for the ones I love.
Equity release has truly been a godsend for me. It have provided me with the money to do all the things that I wanted to do but could not because of a lack of money. It is really a nice feeling to be able to relax and not have to worry about tomorrow.
The service that Micheal Hulme provided me with was just brilliant. I had a very good experience with this company. The advice that I receive was right on the money and everything that I needed to take the next step in my life.