Equity Release and Lifetime Mortgages
H D Consultants is authorised & approved as a Lifetime Mortgage Adviser Firm.
'Equity Release' is, thankfully, no longer a dirty word.
The 1980's and 1990's were periods of time when banks sold certain types of mortgages, commonly known as Shared Appreciation Mortgages, or Home Income Plans.
At the time, they were dressed up as 'equity release' and were presented as ways of 'helping' borrowers to release cash from their home.
But, those products back in the day, were in fact riddled with huge risks, property price assumptions and interest rate gambles.
Many people ended up in negative equity, and some lost their homes, and families lost their inheritances.
The 2000's saw a very welcome sea-change in product design and now, many years later, we have user-friendly and compliant equity release products with 'no negative equity guarantees', 'inheritance guarantees', 'capital guarantees', a choice of lump sums, drawdowns or monthly income products that include optional payment features too.
In today's market, the whole advice process is now highly regulated, strictly processed and robustly monitored - and rightly so, for consumer protection.
NOTE Equity Release will reduce the value of your estate and may affect your entitlement to means-tested benefits and tax status.
H D Consultants is a long established Firm of professional Financial Advisers, and we have specialists in our Firm who have access to a huge panel of equity release (also known as Lifetime Mortgage) lenders, including >>
Our financial services network (Primis Mortage Network) is a member of the industry's leading trade body, The Equity Release Council, and collectively we abide by their code of conduct. (ERC statement of principles).
Our service is comprehensive, professional, compliant and, most importantly of all, Client-centric.
Why should you instruct H D Consultants’ to source and secure your new equity release / lifetime mortgage deal?
Access to a comprehensive range of specialist mortgage products.
Access to ’EXCLUSIVE’ mortgage deals.
Accountable to you, our Client, and with full disclosure ensuring transparency and clear understanding
Face to face mortgage advice throughout the UK
You will deal with an Adviser, not a mortgage saleperson
To contact us about our lifetime mortgage services, please complete the form below.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
A ;LIFETIME MORTGAGE PRODUCT WILL REDUCE THE VALUE OF YOUR ESTATE, WILL NOT BE SUITABLE FOR EVERYONE AND MAY AFFECT YOUR ENTITLEMENT TO STATE BENEFITS. THIS IS A LIFETIME MORTGAGE / HOME REVERSION PLAN.
TO UNDERSTAND THE FEATURES AND RISKS PLEASE ASK FOR A PERSONALISED ILLUSTRATION.
FOR LIFETIME MORTGAGES, CHECK THAT THIS MORTGAGE WILL MEET YOUR NEEDS IF YOU WANT TO MOVE
OR SELL YOUR HOME OR YOU WANT YOUR FAMILY TO INHERIT IT. IF YOU ARE IN DOUBT, SEEK INDEPENDENT ADVICE.
Equity release may involve a lifetime mortgage or a home reversion plan which is secured against your property.
You only continue to own your own home with a lifetime mortgage, secured against your property.
We provide initial advice for free and without obligation.
Only if our Client chooses to proceed, would a maximum fee of up to 2% of the amount released, be payable. For example, if the maximum threshold of 2% was charged, a fee of £1,500.00 would be payable based on a gross mortgage advance of £75,000. Our typical fee is £500.00.
