Equity Release for Concrete Construction Properties
UNLOCK THE WEALTH TIED UP IN YOUR HOME
We are Independent Mortgage Advisers specialising in Equity Release & Lifetime Mortgages for Non-Standard construction properties offering personalised confidential service. We advise on plans from the whole of the Equity Release market.
Mortgage Solutions has access to companies who will lend on Non – Standard Construction properties, these can be concrete, prefabricated, also known as PRC properties, Steel frame houses regardless of whether they have been repaired or not.
Many people face difficult financial times, due to the economic times, unforeseen events not having a repayment vehicle for a mortgage coming towards the end of its term and debt. You may find yourself left with little income and in need of a boost to your finances.
If you’ve owned your home for a number of years it’s likely you’ve built up equity in it. Although downsizing is an option you could release this wealth in the form of a tax-free lump sum, without having to move.
Equity release offers access to some of the capital tied up in your property, helping you make the most of your retirement or giving you a tax-free lump sum to use how you wish. We can advise you on available options, offering guidance and information to ensure the right choice is made.
Funding is available to people who wish to get equity release on there property.
There are two main types of equity release – Lifetime Mortgages and Home Reversion plans. Both types are regulated by the Financial Conduct Authority (FCA).
Am I Eligible – How do I qualify …
- You need to own the property you wish to release equity from
- Be a freehold property of standard construction
- Leasehold properties must have a minimum lease remaining of 75 years
- Be in a good state of repair
- You must be aged 65 or over
- Release enough capital to clear all debts secured against the property
- Your property needs to have a minimum valuation of £60,000
- Be in the UK
Application
Once you have decided on the right plan, your home will be valued and you will be sent an offer confirming the details of your equity release plan.
How long does it take
Once have decided to go ahead, and your application has been received by your equity release provider, you will receive your money approximately eight to 12 weeks later.
In some cases, equity release may not be suitable we may be able to recommend an alternative
You should discuss with your family and intended beneficiaries to your Will that you are considering an equity release plan.
You should also seek independent legal advice.
We are Independent Mortgage Advisers who specialise in Equity Release & Lifetime Mortgages, we believe we offer a more personal service than larger firms.
All our advisers are qualified, experienced and share a commitment to providing the best advice and service we possibly can.
Mortgage Solutions has access to companies who will lend on Non - Standard Construction properties,these can be concrete, prefabricated, Steel frame houses regardless of whether they have been repaired or not.
Funding is available to people who wish to purchase or remortgage.
AGM Modular, Airey, Adams, Boot, Boswell, Bryant, Cornish, Cornish Bungalow, Dorran, Dyke, Gregory, Hawksley SGS, HBL Bungalow, Lilleshall, Myton House, Newland, Orlit, Parkinson, Reema Hollow Panel, Reema Conclad, Schhindler, Smith, Stent, Stonecret, Terran, Underdown, Unity, Butterley, Wates, Wessex, Weir, Winget, Whitson Fairhurst, Woolaway House, Woolaway Bungalow, Waller,
Properties in Scotland,Blackburn Orlit House,Boot House,Dorran House,Lileshall House,Lindsay House,Myton Clyde House,Orlit House,Tarran House,Tarran Clyde House,Beam,Unitroy House,Whitson Fairhurst House,Winget House. regardless of whether they have been repaired.
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