Bright Equity Release Solutions
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What is equity release?
In the simplest of terms it is a way of you taking advantage of the investment you have made in your own house over many years - often a lifetime. It is true to say that equity release is not right for everyone, but it can be the perfect solution for many.
There may be many reasons for you wanting more money at this time of life. Those reasons will often be to make the most of all your hard work, ensuring that your future years provide the rewards for the investment you have made providing a home for yourself. Rewards that might be a once in a lifetime holiday that you have not quite been able to afford - or maybe holidays every year for the next few years. The foundation for the holiday home that you can spend some time in, now that the children have flown the nest. The luxuries that you have always thought would be nice to have some day, but have always been just beyond your reach.
You may have other responsibilities to fulfil. Achieving these later in life can often lead to satisfaction and peace of mind. Maybe somewhere in your family there is that someone who needs help… to start on buying their own home in these tough times, or to go to university. Maybe you have your own problems and debts still to resolve after a lifetime of work. Wouldn't it be good to clear the debts and the decks before you get on with enjoying life without worrying or looking over your shoulder?
Well, let's think about it.
There is a way to do this. It sounds complicated and sometimes it can be. But Bright Equity Release Solutions can help simplify the complications. That is what we are here for. Simple solutions to complex problems. We will discuss things with you and establish your financial position and personal circumstances. And using all of our experience we will help you make an informed choice. Because we are completely independent advisers in this field, we can sort through all of the things that you need to do to release some of the capital which you have built up in your house - and leave you to decide what you want to do with it. Your house, your choice.
There are two main types of equity release. Lifetime Mortgages and Home Reversion. Bright Equity Release Solutions will explain these in detail for you and advise on the best route to take. To make sure that we fully understand your needs and circumstances it is usually better to meet face to face. But we do understand that you may just want to have a chat on the phone first and this will, of course, be fine with us too. To understand the features and risks of a lifetime mortgage or home reversion plan ask for a personalised illustration. But in principle this is how the main types of equity release work.
Lifetime Mortgage Calculator
Calculator
The figures indicated by using the Bright Equity Release Solutions calculator are for information only and to provide a guide to you. Figures showing on the calculator when you enter your own information are sourced as an average from five providers during August 2008.
Actual figures which will be provided by a Bright Equity Release Solutions adviser, will depend on your individual circumstances and specific guidance will be provided. Actual amounts offered will depend on individual lenders and their own criteria.
To understand the features and risks of a lifetime mortgage ask for a personalised illustration.