Mortgage Equity Release
Mortgage Equity Release is the difference between the valuation on your property and your current mortgage balance. If your value goes up, so does your equity. If you are considering releasing equity on your home for home improvements, educational fees or medical expenses we may be able to help.
An equity release mortgage is a mortgage to release a portion of equity on your property , it can be done for various reasons and mean you are increasing your current mortgage balance for a certain purpose
Equity is the difference between the current Valuation on your property and your current mortgage balance.
Each lender is different but you can release equity for home improvements, debt consolidation, educational fees or medical expenses.