Equity Release Process
Step 1 - Do you qualify for Equity Release?
You and your partner must be aged 55 or more. Your property must be worth at least £60,000 and you must be able to clear any outstanding mortgage or loan secured on the property from the funds released by the equity release plan. We can confirm whether you qualify for equity release by completing our short enquiry form opposite.
Step 2 - Is equity release the right option for you?
Contact Cestria Capital on 0845 057 3306 for specialist independent advice. We will advise you about equity release and if it is suitable for your circumstances. We can also provide you with a free, no-obligation quotation, researching the whole of the market to find the plan that best suits your requirements - only then can you make an informed decision on whether equity release is the right option for you. We always recommend that you discuss your plans for equity release with your family.
Step 3 - Complete application forms and paperwork
If you choose to proceed, we will complete your application forms for your chosen plan and a suitably qualified independent valuer is instructed to obtain the value of your property and ensure it meets the providers criteria. An offer is then made and your solicitors are instructed to begin work.
Step 4 - Receive your cash
It is usually 6 to 10 weeks after applying that you receive your funds from your solicitor to enjoy in any way you wish.
To find out if equity release is the right option for you, contact our one of our specialist equity release advisers using the form opposite.