Essex Equity Release Advice Centre is based in Essex, but we serve a range of local areas, including Basildon. We advise customers on many services surrounding equity release, many who are regulars.
We have expert advisors available to all clients, who carry out their work in a fair and professional manner. Essex Equity Release is part of the family-run Once Call Financial Advice Centre, and our team can advise and guide you on a range of services.
About Us
Established in 1995 as part of One Call Financial Advice, Essex Equity Release Advice Centre has provided equity support for over 20 years, and has provided leading advice since 1999.
We are members of the Equity Release Council, which means we follow a strict set of guidelines to ensure you get the best advice from our team. Our staff at Essex Equity Release promise to act within the best interest of our clients and treat everyone fairly while acting upon good faith. We are also members of the Personal Finance Society and the Independent Equity Release Advisor Alliance.
Essex Equity Release takes great pride in our customer-focused business, and we attract 90% of new business from existing clients. We have built an exceptional reputation through our years of service, and intend to keep that maintained for years to come.
Our help does not stop as soon as you leave the premises; we are always available to you. At Essex Equity Release, we provide constant support to our clients and we can assure you that we work closely with each client to help you understand the process and your requirements. For more information, get in touch with a member of our team today.
Our Services
We provide guidance and advice on a range of equity release services in Basildon and the surrounding areas, including:
- Repayments
- Information about equity
- Eligibility for schemes
If you are in need of some guidance on the equity scheme, please contact Essex Equity Release. Call us on: 01268 799211.
What is a Lifetime Mortgage?
A lifetime mortgage is a long-term loan secured against your home. This doesn’t need to be repaid until you go into long-term care, or die. Essex Equity Release can advise you on lifetime mortgages to provide you with a better understanding.
When you take out a lifetime mortgage, your home still belongs to you, and the money you borrow gains interest. This can be repaid or added to the total amount. When you die, or move into long-term care, the money from the sale of your home is used to pay off the loan. Any remaining money goes to your inheritors.
The minimum age to take out a lifetime mortgage is usually 55 or 60, and the percentage you borrow depends on your age. There is also a minimum property value which varies between £70,000 and £100,000.
We have a team of professionals at Essex Equity Release who can offer advice on what is best for you, and can assist in an easy transition. If you are interested, get in touch with a member of our team and we can provide more information about lifetime mortgages.