Equity Release is a method of unlocking cash in the value of your home without the need to move.
Impartial Financial Advice from the Experienced Financial Planners.
We have been around since 1995 and have established many lasting relationships with Fellow Professionals.
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If you would like to know more about any of our services please contact us today!
Nobody wants to pass on debt to their children of family members, especially when working so hard to become a homeowner. You should never select a plan that increases this risk and the plans that Essex Equity Release have available will prevent debt ever being passed onto children.
Taking out equity will not mean that debt is passed on to your children. With our plans also being approved by the Equity Release Council, this puts the safeguards and protection in place to stop debt being inherited.
No Negative Equity Guarantee
With all our plans being approved by the Equity Release Council, this also assures all our clients of ‘No Negative Equity’ guarantee. This gives you peace of mind that you will never owe more than the value of your home, preventing any debts being passed on to children or beneficiaries.
Repayments only have to be made when both you and your partner pass away or move into long-term care. Sales from the house will go towards repaying the loan, with leftover money going to your estate. Any outstanding loans will never be left for you to pay after the sale of your property, ensuring that debt cannot be inherited with the plans we have available.
We know it's what you do but you do it so wellPat and Brenda MilehamExtremely Happy
Thanks for making a stressful process so stress freeClaire WeidnerStress Free!
You know your stuff, are very professional & make people feel at easeLynne BallardVery Professional
Thanks a million for your patienceSean & Karen WaterfallPatient & Professional
Can’t recommend you enough!Ben & Victoria GillespieHighly Recommended
You can also choose to pay back your equity before you pass away or sell the property, but this could lead to early repayment charges.
Moving Into Care
If you move into care but your partner remains in the property, your plan will continue as normal. However, if both of you more into long-term care, the plan will end when the property is sold. This will mean there are no early repayment charges as you are both in care.
Choose Your Plan
If you would like to choose your plan or have any worries regarding equity plans and debts that will be left, contact Essex Equity Release. We can always discuss your criteria and find a plan that suits all your needs, putting your mind at ease. Make an enquiry and call 01268 799211 or fill in our contact form today.