First Choice Finance - Mortgage Broker First Choice Finance Compare Home Owner Loans
First Choice Finance - Mortgage BrokerCompare Home Owner Loans


Highest Loan To Value Purchase Mortgages And Remortgages - Low Rate Loans From £5,000 To £150,000 - Release Your Equity With An Equity Release Plan

Pensioners homes equity release goldmine

Pensioners homes equity release goldmine






Pensioners homes equity release goldmine

Pensioners homes equity release goldmine

 



Video transcript

The value of properties owned by retirees has hit an all-time high over the past three months, meaning there`s plenty of scope for them to consider equity release plans in order to get some extra money if needed for key purchases or additional income.

Key Retirement has indicated that property wealth grew by more than £6.3 billion over the quarter, bringing the total value to £807 billion, the most since the firm started to monitor housing value in March 2010.

On average, each homeowner benefitted to the tune of £1,346 each, although there were some stark differences.

In London, the average increase was in excess of £10,000, but in Wales, the average house price actually fell by £5,000 over the three months.

However, the equity release provider`s Dean Mirfin notes that `even homeowners in areas where prices have fallen still have considerable property wealth considering they own their homes outright and will have seen strong gains [in the past]`.

If you`re thinking about equity release, you could choose First Choice Finance.

We have access to multiple lenders who enable you to release money using lifetime mortgages as an equity release solution.

We will aim to match you up with the most suitable deal for your individual circumstances, looking at options such as making no repayments during the term or paying some of the interest, alongside whether to take the maximum funds out on  day one, or do it gradually through drawing down money as you need it.

There`s no obligation to accept any offer of course and we will provide you with a free personalised illustration if you like what you hear.

Find out more about adding a little to your pension or taking out a lump sum to spend on yourself or your family through equity release, by visiting firstchoicefinance.co.uk or calling for on 0800 298 3000 or 0333 003 1505 if on a mobile.
 

Homeowner Secured Loans
Rates From 7.1% APRC Representative Example £30,000 over 72 months @ £679.90 repayments. Total payable of £49,949. 20.1% APRC including £2,975 intermediary fee and a £995 lender fee. Loans secured on property. First Choice are tied to certain loan providers.

Mortgages & Remortgages
4.5% APRC
Representative Example: Borrow £80,000 over 25 years At 4.6% Variable, £461.95 for 300 months.
Total Payable £138,585. Total Cost Of Credit £58,585 (incl £1360 fee).


Unsecured Personal Loans
REPRESENTATIVE 49.9% APR (VARIABLE)
First Choice are tied to certain unsecured lenders.


THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
Security is required on immovable property.



Established In 1988. Company Registration Number 2316399. Authorised & Regulated By The Financial Conduct Authority (FCA). Firm Reference Number 302981. Mortgages & Homeowner Secured Loans Are Secured On Your Home. We Advice Upon & Arrange Mortgages & Loans. We Are Not A Lender.

First Choice Finance is a trading style of First Choice Funding Limited of The Old Courtyard, 103 Buxton Road, High Lane, Stockport, Cheshire. SK6 8DX. Copyright protected 2014-2018.


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