Equity Release Q&A
What is equity release?
Equity release is when you place an unencumbered asset onto a finance agreement and release the capital for use elsewhere.
Why should I consider releasing equity?
Releasing equity frees up capital to be used in other areas such as house purchases, business development or alternative investments.
What can I release equity from?
You can release equity from any tangible asset of value, such as a car, aviation or marine products, jewellery and even art!
How much can be released?
Provided the asset values well, we can often release up to 80% of its agreed value.
Will I still own my asset?
Equity release is not pawnbroking, it is a simple way of placing your item onto a finance agreement such as Hire Purchase where you still maintain possession.
What flexibility is in the agreement?
The majority of our finance agreements are written on a Regulated Hire Purchase document which allows flexibility with an early and partial settlement.
Are there other finance options?
Can I talk through my requirement?
Without a doubt! We know finance isn’t always easy to understand or straightforward, so call us as we are always happy to help and answer any questions you may have! 01869351512