{"id":32,"date":"2020-03-25T14:55:35","date_gmt":"2020-03-25T14:55:35","guid":{"rendered":"http:\/\/91.197.229.13\/~mfinance\/?page_id=32"},"modified":"2020-07-18T18:43:54","modified_gmt":"2020-07-18T17:43:54","slug":"equity-release-mortgages","status":"publish","type":"page","link":"https:\/\/2mfinance.com\/index.php\/equity-release-mortgages\/","title":{"rendered":"Equity Release Mortgages"},"content":{"rendered":"\n\t\t\t<h2>Equity Release Mortgages<\/h2><h5>Your home is normally your biggest asset. As we get older and head towards retirement, our income tends to reduce and the equity in our homes increases. Releasing Equity from your home is a way of raising money against your home for whatever you need it for, such as repairs or alterations to the property, to helping family, to personal spending. The interest payments can be made monthly, or can be rolled up to free up more of your monthly income.It is a specialised area of finance which lenders require clients to receive advice and an area which we are qualified to give this advice for Lifetime Mortgages only<\/h5>\n\t\t\t\t\u00a0\n\u00a0\nFor\u00a0Equity Release there are two\u00a0options \u00a0The first is a Lifetime Mortgage where you borrow money against your home but retain ownership of the property . The second option is a Home Reversion Scheme.\u00a0This is where you sell part or all of your property in exchange for a lump sum, but continue to live in your home as a tenant, paying no rent. Interest is charged on the borrowing. Please be aware that by taking equity from your property in this way could potentially affect\u00a0benefits you receive, and reduce the potential amount from your estate to be left to beneficiaries. We do deal with providers that have an\u00a0inheritance guarantee\u00a0which means that there will be a minimum percentage of the value of the estate that can be left to beneficiaries, if this is something that would be useful to you. We also have providers that allow\u00a0regular payments or lump sum payments on lifetime mortgages. Please contact us and we will be happy to discuss your\u00a0requirements to see how we can help.\n\u00a0\n*A lifetime mortgage will be secured against your home\n*Your Equity Release services are limited to advising on Lifetime Mortgages only but we can refer you to a recommended company if a Home Reversion plan is suitable.\n","protected":false},"excerpt":{"rendered":"<p>Equity Release Mortgages Your home is normally your biggest asset. As we get older and head towards retirement, our income tends to reduce and the equity in our homes increases. Releasing Equity from your home is a way of raising money against your home for whatever you need it for, such as repairs or alterations&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-32","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/2mfinance.com\/index.php\/wp-json\/wp\/v2\/pages\/32","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/2mfinance.com\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/2mfinance.com\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/2mfinance.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/2mfinance.com\/index.php\/wp-json\/wp\/v2\/comments?post=32"}],"version-history":[{"count":22,"href":"https:\/\/2mfinance.com\/index.php\/wp-json\/wp\/v2\/pages\/32\/revisions"}],"predecessor-version":[{"id":254,"href":"https:\/\/2mfinance.com\/index.php\/wp-json\/wp\/v2\/pages\/32\/revisions\/254"}],"wp:attachment":[{"href":"https:\/\/2mfinance.com\/index.php\/wp-json\/wp\/v2\/media?parent=32"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}