Expert Equity Release Advice in Bristol & Bath
Unlock Tax-Free Cash from Your Home with Equity Release
If you're over 55 and looking to unlock tax-free cash from your home, equity release could provide the financial flexibility you need. At Strong Mortgage Solutions, we offer expert guidance on lifetime mortgages for clients in Bristol, Bath, and surrounding areas.
Whether you want to fund home improvements, support family, or enhance your retirement, we'll help you understand your options and guide you through the process.
Book Your Free Equity Release Consultation and start planning for a flexible future.
What is Equity Release?
Equity release allows you to unlock value from your property while continuing to live in it. The most common option is a lifetime mortgage, where you borrow against the value of your home.
Lifetime Mortgages (Most Common Option)
- You retain full ownership of your home.
- The loan and interest are repaid when you pass away or move into long-term care.
- Some plans allow voluntary repayments to reduce the loan balance over time.
- Interest can be rolled up or paid monthly, depending on the plan.
Home Reversion Plans (Less Common)
- Part or all of your home is sold to a provider in exchange for a lump sum or regular payments.
- You continue living in your home rent-free until you pass away or move into care.
- Less flexible and less common, but an option to consider in specific circumstances.
Contact Us to discuss which option may be suitable for your needs.
How Much Can You Borrow with Equity Release?
The amount you can borrow depends on:
- Your age (the older you are, the more you can borrow).
- The value of your property.
- The type of equity release plan you choose.
- Any health conditions that may affect eligibility.
On average, most clients can borrow between 20% to 60% of their property's value.
Book a Consultation to get a personalised estimate.
Can You Repay an Equity Release Loan Early?
Yes, many lifetime mortgage plans offer flexible repayment options, including:
- Voluntary repayments to reduce the loan balance.
- Interest payments to prevent the debt from growing over time.
- Some plans allow partial repayments without early repayment charges.
We can guide you through repayment options to suit your circumstances.
Speak to an Adviser for more information.
Step-by-Step Guide to the Equity Release Process
- Initial Consultation – Understand your financial goals and assess if equity release is right for you.
- Explore Options – Review available plans, including repayment flexibility.
- Property Valuation – Your home will be professionally valued.
- Application Process – We manage paperwork and liaise with lenders.
- Approval & Completion – Funds are released, and your equity release plan is finalised.
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Book a Free Consultation to start the process with confidence.
Frequently Asked Questions About Equity Release
Why Choose Strong Mortgage Solutions for Equity Release Advice?
- Local expertise in Bristol, Bath, and surrounding areas.
- Personalised advice tailored to your financial goals.
- Guidance on flexible repayment options.
- Step-by-step support through the entire process.
- Flexible consultations, available remotely or in person.
Book Your Free Consultation and make informed decisions about your future.
Areas We Cover for Equity Release Advice
We offer tailored equity release advice in:
- Bristol (including Clifton, Redland, Bedminster, Southville)
- Bath
- Weston-super-Mare
- Portishead
- Clevedon
- Gloucestershire
- North Somerset
- Exeter
Contact Us Today for expert, local advice.
Ready to Unlock the Value of Your Home?
Equity release can provide financial freedom for retirement or other plans. We’re here to provide clear, expert advice every step of the way.
- Book a Free Consultation to explore your options.
- Contact Us Today for more information.
