
Equity Release
Equity Release For Any Reason
Sale and Rent Back vs Traditional Equity Release
What Rent Back Direct Offers
Equity Release
“Asset Rich and Cash Poor”
A significant proportion of the UK household belongs to the “asset rich and cash poor” sector. Most of these people are retirees, who have little or no mortgage payments to tackle, and yet have very little money to spend as they wish. With the rise in living costs, many find themselves looking for an easy way to maximize their assets without having to give up their homes completely.
Equity release has become extremely popular because it is considered to be the easiest way a homeowner could enjoy the money they have tied to their home. In the last 20 years, house prices in the UK have risen considerably and owners find themselves with a great return on investment. With an equity release, owners have a chance to enjoy this return.
Before, an equity release would mean taking out a new loan secured by your property. If things do not work out according to your plans, you might end up losing your home to repossession. People, who do not want to risk their homes to repossession, would rather spend the rest of their lives trying to maintain the standard of living they are accustomed to rather than choose an “equity release” loan.
If worse comes to worst, all they end up doing is selling their homes for equity release and moving to another smaller property.
This kind of situation creates a great demand for a new equity release product or service that would make it possible for homeowners to enjoy the cash they have on their homes without having to move out or being in debt. Rent Back Direct have come up with an equity release alternative – a sell and rent back arrangement.
If you wish to know more about our equity release services and how we can help you release the cash you have on your home, kindly contact us. We will come up with a specially-designed equity release plan that will suit all your needs and preferences accurately.
With our extensive experience in providing solutions for all kinds of equity release situations, you are guaranteed to enjoy your retirement years sooner than you expected.
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