Equity Release

YOU CAN'T EAT BRICKS, SO WHY NOT RELEASE SOME MONEY THAT IS TIED UP IN YOUR MAIN ASSET ?

Do you have a main residence with lots of equity tied up in it?

Are you over the age of 55 and own a main residence with no or very little borrowing against it but can't get at the equity tied up in it.
As the saying goes, "You can't eat bricks!"

Do you have a need for funds to assist you in retirement and your life ahead?

Would you like to buy a property to rent out but don't have funds for the deposit?

Would you like to expand your existing rental portfolio but can't due to lack of funds.

The more properties you own, the more potential for capital growth.

Do any family members, i.e. (children, grandchildren) have a requirement for funds to buy a property with, either for a deposit or to
purchase outright?

The older you are above the age of 55, the larger the percentage you can obtain as a mortgage from the value of your main residence. Remember, no Income required !!

Are you coming close to the end of your mortgage term and are finding it difficult to obtain a re-mortgage due to your age or income or
the lender is insisting on capital and interest on your new mortgage ? How about replacing it with a mortgage that has no maximum age limit and you can have it for the rest of your lifetime and don't have to pay any capital or interest back during your lifetime. How about a fixed interest rate of as low as 3.65% for the rest of your life ?!!

Is your current lender suggesting you need to sell your property in order to repay the current mortgage that is coming to the end of
it's term ?

Have you found a lender that might consider giving you a re-mortgage but they want you to repay it on a Capital & Interest basis
meaning that the monthly payment is ridiculously high and therefore not really an option.

Would you like assistance obtaining a mortgage from a lender that would allow it on an interest only basis and would even allow you not to
have to pay the monthly interest either if you didn't want to?

Are you in retirement with no mortgage on your home but don't have very much in the way of funds for luxury items such as holidays, now
that you have plenty of time to see the world but don't have the cash to cover the costs.

Could you do with replacing the car now that it is out of warranty and the repair bills start flooding in but you don't have enough in
savings to buy a new one or even qualify for a car loan as your retirement income is too low.

Some people will suggest you downsize from the house you love, move away from your family and close friends so that you can find a cheap
enough house to live in and allow you to free up some cash to pay for these more luxury requirements. Why would you want to go through this process and incur the costs, i.e. Estate agents costs for selling and buying, stamp duty, decoration of the new property to suit your taste, removal costs, costs in travelling to see your family and friends back at where you used to live, etc, etc, when there may be an alternative solution, which would allow you to remain in your own home that you love, close to family and friends, but still be able
to release enough of the equity tied up in your home to allow you to achieve your objectives in your life ahead.

If you can identify with any of the situations noted above, or you would like advice on how you could release funds tied up in your home,
then please get in touch and I will arrange for a qualified mortgage adviser to meet with you to discuss the options available to you.

Keep in mind that you don't have to have a minimum income amount or even any income at all. You also don't require a pristine credit history or any credit history at all to qualify for this type of finance. The older you are the better, as the percentage you can obtain of the value of your house gets higher the older you are. The funds you receive are worked out as a percentage of the value of the property less any existing mortgage you have secured against your property.

You may also be looking ahead to the future and hoping to leave your children or grandchildren some inheritance to help them in their
lives ahead, so why not consider giving them their inheritance now when they may require financial assistance the most and you will still be alive to see them getting the benefit of it !. You can receive this lump sum of money without having to pay anything back during your lifetime, i.e. no capital or interest if you don't want to.

Interest rates at present are at an all-time low and the rate you obtain is fixed for the rest of your lifetime. Rates as low as 3.65% fixed for the rest of your life with nothing to pay back during this period but if you did wish to service the interest, this can normally be done up to 10% of the outstanding debt after you have had the mortgage for at least a year.

At present, you couldn't obtain a normal main residence mortgage for 25 years on a fixed rate of interest of 3.65%. Where you didn't have to pay back any capital and interest during that period or have any income available to cover the normal mortgage payments and other regular commitments.

Please don't hesitate to call me if you would like to find out more and I will arrange for a qualified mortgage adviser to meet with you
and hopefully assist you in achieving your objective.

Please contact Colin at Strategic Innovative Finance Ltd today on: 01786 820246, 07850 697544 or e-mail us at colin@sifinance.com.

Strategic Innovative Finance Ltd is authorised and regulated by the Financial Conduct Authority, FCA No. 302990 for regulated
mortgages and non- investment insurance business.

Remember your home is at risk if you fail to keep up the repayments on a mortgage secured on it.