Equity Release - Mortgage Medics - Caring for you as well as your mortgage

Equity Release

Equity Release plans allow you to release money from the Equity in your home, to fund a more comfortable retirement. Remortgages If you're aged over 55 and considering releasing equity from your current property, we can help. Maybe you're planning the holiday of a lifetime, considering helping the grandchildren get on the property ladder, or simply need some money for home improvements or just to improve your standard of living. If so, then an Equity Release plan could provide the solution.

The Equity Release market has evolved over the years to offer a broad range of products and providers. For example, you can choose between paying the interest due or having it added on to the principal debt, and you can decide to take a lump sum, or an income, or a combination of the two.

You can download our Equity Release newsletter here

Contact us using our simple web form or phone us on 0844 880 6530 to see how we can help

SHIP

We only advise on Equity Release plans which are members of SHIP (Safe Home Income Plans) and subscribe to the SHIP guarantee, so you can rest assured that your next of kin would never be left with a bill when you die, and you'd never be evicted from your home.

Find out more information at www.ship-ltd.org

These are Lifetime Mortgages and Home Reversion Plans, to understand the features and risks, ask for a personalised illustration.

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Mortgage Medics. We care for you as well as your mortgage

0844 880 6530

Mortgage Medics Limited is an appointed representative of IN Partnership the trading name of The On-Line Partnership Limited which is authorised and regulated by the Financial Services Authority (www.fsa.gov.uk).

Mortgage Medics Limited
Registered in England & Wales Number 06386364
Registered Office: 10 The Drive, Hove, BN3 3JA

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

We do not charge a fee for residential mortgage advice. We charge an administration fee for processing each of your mortgage contracts and our fees only become payable if/when you decide to go ahead with an application.

Standard residential mortgages
For standard residential mortgage contracts the typical fee is £199, payable on application. Alternatively, you may pay a fee of 0.5% of the mortgage loan, payable on application, and any commission received from the lender will be returned to you after completion.

Buy-to-let mortgages
For buy-to-let mortgages the typical fee is £299, payable on application. Please note that the FSA does not regulate buy-to-let mortgages

Offshore and commercial mortgages
For offshore and commercial mortgages the typical fee is £399, payable on application.

Equity Release Mortgages & Home Reversion Plans
For Equity release mortgages and Home Reversion Plans the typical fee is £499, of which £249 is payable at the point a personal recommendation is made, whether you decide to proceed or not, and the remaining £250 payable if/when an application is made.

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