Equity Release - Wirral, Merseyside & Cheshire
Equity release is a common and easy way to gain access to funds that you might have tied up in your estate. Grosscurth & Co can help you to release these funds. However, before you consider raising capital in this manner you should be aware of the implications.
Points that we believe are worthy of consideration prior to completing an Equity Release agreement are set out below the following enquiry form. If you would like to further discuss the Release of Equity please complete the following form and we will telephone you to see how we can best meet your needs.
You may want to bear the following points in mind.
- Have you discussed this matter with any beneficiaries/heirs due to the affect of the agreement on the Estate proceeds on death?
- Have you considered that the amount of Income Support and Council Tax Benefits to which you may be entitled, either now or in the future, will be reduced as a result of proceeding with the plan?
- Are you proceeding with the plan as being suitable to your requirements based on advice provided by the Plan Providers representative or Financial Advisor?
- The mortgage provides the borrowers with security of tenure for the duration of their lifetime, subject to the borrowers complying with the covenants.
- After the death of the borrower ( or the surviving borrower if their are two) interest will continue to be charged at the fixed rate mentioned in the loan agreement until the loan is repaid.
- Having considered the above; if you would like to have more information on Equity Release and would like Grosscurth & Co to assist you in making any decisions about releasing equity please complete the form below.