Equity Release London
For all Equity Release in London Prudell can give homeowners 55 or over the option to turn equity in their property into tax-free cash.
Equity Release London - Prudell Ltd
Your Expert in Equity Release for residents in the Greater London area.
As Independent Financial Advisers, specialising in later life advice, we have extensive knowledge about Equity Release and how it effects other areas of your financial situation. As members of the Equity Release Council (ERC) we will only advise products approved by them and ensure we meet their high standards of advice. ERC approved plans have a ‘No Negative Equity Guarantee’ meaning your estate would never owe money should interest build to a point that’s higher than the value of your home.
We Listen To Your Needs
We will fully explain the costs, potential risks and implications for your inheritance planning, thus ensuring you have a clear insight into the process. We are committed, always, to act in your best interest, providing unbiased recommendations that align with your goals. Whether you are considering a Lifetime Mortgage, a Home Reversion Plan or a Retirement Interest Only (RIO) mortgage, we’d like to help.
We are proud members of the EQUITY RELEASE COUNCIL
As proud members of the EQUITY RELEASE COUNCIL, we fully appreciate that taking out an Equity Release product is a really important decision! Our Later Life Lending Advice Service is designed to help you understand your options when considering a mortgage that is likely to start before, or extend into, your retirement. We are always happy to answer your initial questions and are available to explain the advantages and disadvantages of the Equity Release products available.
What Equity Release Can Be Used For:
Equity Release is proving a good solution to homeowners aged 55 and over (50 for a Retirement Interest Only product) who need extra financial support. Many have found that taking some money from what is often their most valuable asset, can help them in a wide array of situations. According to research, the most common reason/s people apply for Equity Release are:
Paying off an existing mortgage
Buying a car or that dream holiday
Carrying out home improvements
Mitigating Inheritance Tax
Providing a gift for the children - often to help them on the property ladder
Allowing the retention of the family home after a divorce
Just providing financial security through retirement
Funding long term care
Equity Release Specialists In London - Prudell Ltd
Our aim is to always provide high quality, impartial, unbiased and objective independent financial and mortgage advice so clients can be certain and happy with the advice and service they receive. When advising on equity release products, it’s important for us to understand your situation and aims fully. Only when we do this can we advise properly. We help clients who are very well informed and have an excellent understanding of the financial industry but many more who find the subject complex, stressful and confusing. Whatever your grasp of financial terminology we pride ourselves on communicating everything in plain English, so you feel comfortable to make an informed decision.
Get In Touch
Contact us today to schedule a complimentary, no-obligation consultation. Together we will explore the possibilities, find the optimal solution, and pave the way to a happier, more secure tomorrow.