Equity Release and Later Life Lending

The largest emerging market place in secured borrowing is for those in later life. With many people approaching retirement without adequate plans to repay an interest only mortgage, or income falling due to lack of or small pension provisions, more and more homeowners over the age of 55 find themselves in an "equity rich, cash poor" position. In the past, due to a lack of competitive products and a stigma attached to the sale of equity release and reversion products from the 1980's and 1990's, many have ignored products such as lifetime mortgages. 

In the last decade or so, since the financial crash of 2008, many more products have become available in this sector from reputable providers at competitive price points. 

Therefore, if you are looking to unlock equity in your property to pay off existing secured or unsecured debts, help give yourself a stronger income in retirement, assist a family member to get on the property market, make improvements to your home or go on the holiday of a lifetime, Foursquare Financial Ltd can help with impartial advice. Please contact us to find out more!