Equity Release

If you are over 55 and own your own home you may qualify for Equity Release. Equity Release is a plan which allows you to release the value in your home for you to use as you like. You could use the money on any item you wish and, because the equity in your property is your asset, you will not be taxed on it.

The world of equity release has seen substantial growth in the past few years with many organisations now offering their services in this sector. Whilst Equity Release can seem an ideal solution it is not for everyone. Understanding exactly what is involved is vital if this is something that you are seriously considering.

At Hamilton Locke we make sure that we only work with reputable companies who can be relied upon to give only the best advice possible to those people who need help and assistance. Hamilton Locke is uniquely placed to be able to point you in the right direction once we have taken a complete note of your personal circumstances. In order to find out if there is a plan out there for you then call us free now on 0800 083 4646 or email us your personal details using the form on the right. We will then call you back at a time to suit you.

Important Information About Our Service & Fees

Whilst we strive in all cases to negotiate the best deal with your creditors, we cannot guarantee a reduction in interest or charges. Also as one of the largest providers of debt management solutions in the UK, we are able to provide initial advice over the phone without charge, however, if a debt solution is taken out, please be aware that fees will be charged. We aim to keep these fees as low as possible and believe that we are very competitively priced, for detailed information on our fees, including examples for each product, please click this fees link.

Further Additional Information

What if you decide that I don't want to go ahead? - click here.

Will your credit rating be affected? - click here.

The insolvency service has produced a guide for people who are struggling with debt. This guide outlines each of the available solutions. You can download the guide by clicking the following link - In Debt? Dealing With Your Creditors.

If an IVA is not maintained it could lead to bankruptcy.