55, 60, 65, 70, 75, 80, 85+
With a Lifetime Mortgage you could release a maximum amount of:
This is an indicative figure only and the actual amount you could borrow will depend on your individual circumstances. The minimum amount you could borrow is £10,000. The maximum release amount assumes you have no secured borrowing against the property. If you have secured borrowing against the property then this must be repaid in full using the amount released (if available), by other means or a combination of the two.
What Happens Next?
- Use our calculator to see how much you could potentially release from your home.
- Call giraffe on 01872 859 414
- Have an interview (face-to-face or on the phone) with one of our qualified advisers in Truro, Cornwall.
- We will source the right product for you from across the whole market.
- We start the application process and a valuation of your property is instructed by the chosen provider
- Application is approved by the provider and your solicitor.
- The funds are released for you to use.
The giraffe guarantee: If equity release is not right for you and your family, we’ll tell you.
Which providers do you use?
The main providers in the market are: Just Retirement, Aviva, Legal and General, Retirement Advantage, More 2 Life, Pure Retirement, Hodge Lifetime and Liverpool Victoria.
More providers are joining the market due to customer demand and our equity release specialists have access to the whole market to ensure you get the best deal for you.
I decided to use a lifetime mortgage in order to purchase a more suitable home for myself in retirement. I wanted to buy a brand new flat, but it was more expensive than my current property, so was advised that equity release could be used to help. I took a lifetime mortgage on the new flat and this covered the balance I needed to buy it after selling my old home. I am absolutely over the moon in my new flat and cannot thank the advisers at giraffe enough. I will be recommending them to all of my friends!
We used equity release to pay off our current interest only mortgage which was due to expire and therefore be repaid to the lender. We had no means to repay this until we were advised that a lifetime mortgage could be used to clear the balance and let us remain in our family home as we did not want to downsize. We now service the interest on a lifetime mortgage, which is great as we know exactly how much debt will remain. We both could not fault the service we received from our giraffe adviser who took their time explaining the ins and outs of the products, and answered all of our questions efficiently.
I unfortunately lost my husband unexpectedly, and as his pensions ceased on his death, I did not have sufficient income to maintain my standard of living. I therefore used a lifetime mortgage to release funds from my house, which now provide an income for me in my retirement. The service I received from my allocated adviser was second to none and they understood my situation, taking time to explain all of my options. I can now continue to live in my house and pay my bills, as well as continue my membership at my local golf club!
I decided to release some of the equity in my home because I wanted to help my daughter get on the property ladder by giving her the cash for a deposit. I also chose to use some of the funds released to have a new kitchen and bathroom fitted, which I’m now delighted with. The whole process was made effortless as I was able to speak to the same adviser throughout, who explained everything to me in detail.
You could potentially release
Let’s take some details to aid you in your FREE no obligation enquiry.
Or simply call us on: 01872 859 414
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