Equity Release
Release equity in your home
Equity Release Plans always need careful consideration. Taking out a lifetime mortgage on your property may not always be the best solution for everyone. Whether you’re considering a roll-up equity release lifetime mortgage or a fixed payment lifetime mortgage, you may find that the amount you borrow is considerably less that the amount payable when the property is eventually sold.
Here at 2nd Chance we can offer you an alternative to the regular Equity Release Plans that are already available. Our Sell and Rent Back scheme may be just what you’re looking for. We can purchase your property for a lump sum and you can rent your home back indefinitely providing your rent is paid in full and on time each month. This means you and your family don’t have to acquire any further debts and there is no amount payable should you die or go into Long Term Care.
With our scheme there is no upper age limit, there are no fees and you and your family can stay in your home for as long as you wish*.
* Providing your rent is paid in full and on time each month
TO RELEASE THE EQUITY IN YOUR HOME CALL 0800 8 81 81 02