Sixty Plus Finance > Which Equity Release Scheme is Right For You?

Our Senior Consultant will help you decide which equity release scheme is right for you

A Mortgage because you:  
A Home Reversion because you:
Know your life expectancy is short because you are relatively older or suffer from ill health   
Want to raise a large sum of money - more than the 30% allowed with a mortgage 
Feel confident that house prices will rise considerably during the rest of your life  
Think you might like to generate more cash later, which is easier and more certain to do with a reversion 
Are unconcerned about possible interest rate increases and their impact on the final amount to be repaid from your estate  
Prefer the certainty of selling an exact value which never changes 
Want to pass on 100% title to your home as inheritance, regardless of any outstanding loans against it  
Want to pass on a specific and definite inheritance to your family 
Don?t want to sell a share of your home  
Are not comfortable about taking a loan or a mortgage at this stage in your life 

When considering equity release, you should consult with family and advisors.

 

If you are suffering from ill health that may reduce your life expectancy, the home reversion plan may not be the most suitable option for you.

 

But, our Senior Consultant will talk through everything with you and if you still prefer the certainty of the home reversion, then we will be pleased to make you an offer.

It is a good option - I found myself in a situation that I had not anticipated but fortunately, because I had sufficient equity in my property, I was able to access it."

Widow, Wicklow.

Registered Office: 18 Merrion Row, Dublin, D02 A316 , Ireland
T: 01 672 1850
Locall: 1890 30 60 30
F: 01 672 1849
Email: contact@sixtyplusfinance.ie

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