Equity Release
Equity release refers to a range of products that let you access the equity (cash) tied up in your home if you are over the age of 55. You can take the money you release as a lump sum, in several smaller amounts or as a combination of both.
- Lifetime mortgage – you take out a mortgage secured on your property, provided it is your main residence, while retaining ownership. You can choose to ring-fence some of the value of your property as an inheritance for your family. You can choose to make repayments or let the interest roll-up. The loan amount and any accrued interest is paid back when you die or when you move into long-term care.
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Oakwood Home Finance Ltd which is registered in England No. 12937996 registered address 24 Oakwood, Berkhamsted, Hertfordshire, HP4 3NQ.
Oakwood Home Finance Ltd is authorised and regulated by the Financial Conduct Authority No. 949215.
This website is subject to the UK regulatory regime and is primarily targeted at customers in the UK.
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