Keri Harvey trading as Dragon Financial Services, is an appointed representative of the On-Line Partnership Limited, which is authorised and regulated by the Financial Conduct Authority. Think carefully about securing other debts against your home. Your home may be repossessed if you do not keep repayments on a mortgage or any other debt secured against it.
Many people these days reach retirement very much later than their predecessors, often still having a monthly mortgage payment to meet, perhaps on an interest-only basis or simply because the term is still not yet expired.Also, there are people have found that investments that were intended to provide the capital to repay the mortgage, have failed to produce sufficient returns.We also get calls each week from people like those above or those who don’t even have a mortgage but who have a need to raise capital later in life, whether their own personal (repaying a mortgage or for other personal purposes) or to help Family and a number of other reasons.We specialise in later life provision of property-related finance and in the majority of cases we are able to assist.For those who do not qualify for a traditional mortgage or do not wish to go down that particular route, Equity Release can now provide an invaluable way of raising capital against your property. With optional flexible repayment of capital or roll-up of interest choices, and even enhanced terms if you have health issues, the increasing number equity release providers now offer a very wide scope of solutions, in a rapidly growing sector of the UK lending market.