Equity Release

Equity release is only one of a number of options of extracting cash out of your property by effectively taking out a loan secured on your home. It’s only available to people aged over 55. There are two main types of equity release: lifetime mortgages, which allow you to borrow money against your house; and home reversion, whereby you sell a share in your house.

This would be referred over to Key Retirement Solutions

 Key Retirement

You will need to take legal advice before releasing equity from your home as Lifetime Mortgages and Home Reversion plans are not right for everyone. We cover areas for Gwynedd, Anglesey and the whole of North Wales.

Equity release is a financial product for people aged 55 to 95 which allows you to release some of the cash (equity) tied up in the value of your home. … To release equity from your home, you need to get expert advice from a qualified equity release adviser, which is where we can help.

Equity can be released from your home with either a lifetime mortgage or a home reversion scheme. The most popular type of equity release is a lifetime mortgage, which is a loan secured against your home where you retain full ownership of your property.

You can use the money released from your home however you like to help finance a better, more rewarding retirement.

Why Choose Us?

  • Morgan’s Financial Services is a trusted company that has been trading for 36 years with its practice principal Dave Morgan at the helm.
  • We are a local firm. By being local we believe that this gives you peace of mind that you can call in at any point if you have any queries and discuss it face to face rather than having to deal with a call center.
  • Morgan’s Financial Services is regulated by Openwork. Openwork is one of the largest and longest-established financial advice networks in the UK and ensures that all of our recommendations are the best possible choice for you.

Frequently Asked Questions

A meeting with one of our fully qualified financial advisors will quickly provide you with a better idea of your affordability.
Our fee is £350.00 upon application of a mortgage following your free initial consultation where we will establish your affordability and find the right mortgage to fit you.
Mortgage applications vary case by case, but at Morgan’s Financial Services we will do everything in our power to ensure it is a smooth and swift process.
Ensuring you have adequate protection for your mortgage if the worst was to happen not only gives you peace of mind but also protects those that you would leave behind.
Following a meeting with our financial advisors we will be able to correctly inform you about whether you are eligible for equity release and refer you to the right people that will be able to guide you through the process.

Need more help? Speak to us on 01248 800400

Request a Callback

Find a Mortgage

Expert Advice

*Will writing is not part of the Openwork offering and is offered in our own right. Openwork Limited accept no responsibility for this aspect of our business.