Already have an existing equity release plan?


Did you know that once you have had your existing equity release plan for 12 months you can look into changing it to see if you could access a better deal that wasn’t previously available to you?


We can review your existing plan for free and with no–obligation to proceed – simply call us on freephone 0800 622 6414 today.


It may be that your current plan is still the best option for you and we will only recommend you change it, if it’s right for you.


Updated plans could allow you to benefit from:


  • ✔Access to a lower interest rate which could save you thousands of pounds in interest over the course of the plan when compared to your current plan
  • ✔Releasing more tax-free cash from your house if you wish.


Lifetime Mortgage interest rates from leading lenders are currently low which could save you thousands of pounds over the course of the plan in interest compared to your current plan.


Plus, average UK house prices have risen in the last five years meaning that you could release more cash from your home if you wish.


The team at Giraffe Equity Release keep a close eye on the latest products added to the market, and lenders’ changing deals, and can help you make the most of any improved plans.


If changing your plan is the best option for you, we’ll endeavour to make the process as quick and easy as possible, doing all the hard work for you.


Things to consider


Giraffe Equity Release, Southwest’s specialist equity release broker will provide you with a free, no-obligation equity release plan review to discuss the following, as being able to change your plan will depend upon whether you qualify for the latest plan developments, the amount outstanding on your equity release plan including interest that has accrued, any potential repayment charges that may be applicable and any impact on the size of your estate and if your entitlement to current and future means-tested benefits could be affected.


Equity release may involve a lifetime mortgage which is secured against your property. To understand the features and risks, ask for a personalised illustration.


Plans from the whole of the market will be considered, the features mentioned, and the amounts raised, are subject to the lender’s criteria, terms and conditions. These may take into account the age, health and lifestyle factors in order to provide you with an enhanced amount. Any money released, plus accrued interest would be repaid upon death, or moving into long-term care.


We provide initial advice for free and without obligation.

Call Giraffe equity release on 0800 622 6414 or send an enquiry here