Most lifetime mortgages offer a ‘no negative equity guarantee’. This means that you or your beneficiaries will never have to repay more than the value of your home – even if the debt becomes greater than the value of your home. It also means that the lender, not you, carries the risk of negative equity. Furthermore, you have the right to continue living in your home until the death of you and your spouse, or until you both enter into long term care.
Most lifetime mortgages offer a ‘no negative equity guarantee’. This means that you or your beneficiaries will never have to repay more than the value of your home – even if the debt becomes greater than the value of your home. It also means that the lender, not you, carries the risk of negative equity. Furthermore, you have the right to continue living in your home until the death of you and your spouse, or until you both enter into long term care.
Discover how much equity your home could
unlock – it all begins with a quick and easy property valuation.
Equity release could help you access the cash tied up in your home for a more comfortable retirement. The first step? Knowing how much your property is worth. Get your free, no-obligation
valuation now.
