Unlock Your Home's Wealth
Financial Freedom Starts Here!
With our Equity Release Advice Service, you will be able to access the money from your home to pay off your mortgage, fund home improvements, pay off debt, make a gift, and more. We can provide you with a long-term loan, where the debt will only be repaid when you or your partner pass away or need to go into long-term care. The interest can be rolled up or paid periodically, so there is no need to make monthly payments.
The minimum age to apply for equity release is 55, and there is no maximum age. We can help you calculate the amount you can release, depending on the value of your home and age.
Call our advisers on
01172 510544 or
Contact us using the form, and one of our equity release experts will be in touch to arrange your free initial consultation.
At Mellow Financial, we often secure two types of equity release:
Lifetime Mortgage: With this option, you can remain the sole owner of the property and stay in it.
Home Reversion Plan:
With this option, you will sell a portion of your home to the lender and still be able to live in it without paying rent.
Equity Release FAQs
What is Equity Release?
Equity Release is a financial product available to homeowners aged 55 and older, enabling them to access the value tied up in their property without having to sell or move. The funds can be taken as a lump sum, regular payments, or a combination of both, offering financial flexibility for retirement.
How much money can I release from my property?
The amount depends on several factors, including your age, the property’s value, and the Equity Release plan you choose. Typically, the older you are, the more equity you can release. Mellow Financial can arrange a free consultation to estimate your available equity.
Will I still own my home with Equity Release?
Yes, with most Equity Release products, like lifetime mortgages, you retain full ownership of your home. The loan is repaid only when you pass away or move into long-term care, at which point the property is sold.
Are there monthly repayments with Equity Release?
No, most Equity Release plans don’t require monthly repayments. Instead, interest accrues over time and is repaid alongside the loan when the property is sold. However, some products allow optional repayments to reduce the total amount owed.
Can Equity Release affect my family’s inheritance?
ARRANGE A CALLYes, since the loan and accrued interest are repaid from the property’s sale proceeds, it reduces the amount available as inheritance. However, some plans offer inheritance protection, ensuring a portion of the property’s value is safeguarded for your beneficiaries.
Meet The Advisers
Mellow Financial Ltd is registered with the Data Protection Act 1998 registration No. ZB649453 and is authorised and regulated by the Financial Conduct Authority under Firm Reference Number 1011568 an Appointed Representative of TMG Direct Limited which is authorised and regulated by the Financial Conduct Authority under Firm Reference Number: 786245 and registered with the Data Protection Act 1998 Registration No: ZA178200.
Think carefully before securing debts against your home. Your home may be re possessed if you do not keep up repayments on a mortgage or any other debt secured on it. The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.