Lifetime Mortgage and Home Reversion Plans

If you are over 55 you could benefit from the equity in your home without moving from it and use the money to:

•  Improve your lifestyle
•  Generate income
•  Help family members
•  Undertake home improvements
•  Repay debt
•  Pay for medical treatment


Lifetime Mortgage
This is a lifetime loan secured against your home (or other property). There are no repayments (interest is rolled up and added to the loan) until you die or go into long-term care when the property is sold and the loan, plus any accrued interest, is redeemed. At that point any residual value would go to your estate.

Home Reversion Plan
This involves selling your home, or a portion of your home for a cash lump sum to a Home Reversion plan provider. You continue to live in your home, rent-free until you die, or go into long-term care; at that point the property reverts to the Home Reversion Plan provider.

Caution!
Drawing the value from your home is a matter to be considered seriously. Some types of equity release may affect your right to state benefits and all types will affect the value of your estate upon your death.

The amount available to you under these schemes will be dependent upon your age, health, marital status and the value of your home. Full details and quotations available upon request.

For more details on all types of Equity Release...

Call 0121 704 3191... ask for Michael Fox












Argyle Fox Finance are Independent Mortgage Brokers in Solihull. We offer advice, recommendation and mortgage arrangement to our clients in the Birmingham and West Midlands area and throughout Warwickshire.

We offer a bespoke service tailored to your requirements. We can visit you at home and we guarantee that you will always deal with the same person in relation to your application.

If you want to be treated as an individual, not just an inquiry and if the traditional values of good service, honesty and integrity are still important to you, choose Argyle Fox to fulfil your mortgage needs


"Argyle Fox Finance, an individual in a corporate world...like you."

Find out what our customers
say


To arrange an appointment call

(0121) 704 3191

...ask for Michael Fox