Hampshire Equity Release (Oct 2021)
Are You Looking For the Best Equity Release Schemes in Hampshire?
Equity Release Plans in Hampshire Reviewed By Experts. You Won't Believe What We Found When Reviewing These Hampshire Plans…
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Equity Release Plans in Hampshire Reviewed
I think you’ll agree with me when I say:
It’s REALLY hard to choose the best equity release in Hampshire with all the choices available.
Or is it?
What's Equity Release & How Does It Work?
We've summed up the most important information about the topic in this quick video.
An equity release mortgage is, in a nutshell, a loan plus interest that is paid back to the lender when the homeowner passes away or goes into permanent care. The homeowner’s family usually pays back the cash released, and the interest incurred, from the sale of the home in question.
Equity release is available for individuals or couples over 55, with the youngest homeowner’s age determining the amount of equity that can be released. It is important to note that some equity release schemes may require the homeowner to be 60 or older.
Learn More: What’s Equity Release & How Does It Work?
How to Get the Best Deal in Hampshire?
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Why Should You Compare Quotes in Hampshire?
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About the Equity Release Providers in Hampshire We Compare
Helped more than 1 million people with equity release.
Organised over 1 in 3 plans approved by the Equity Release Council1.
Most Popular Reasons for Releasing Cash
- Add to your retirement income.
- Pay off your credit debts or loans.
- Gifting money to family. (E.g. helping children pay a deposit on their first house)
- Paying off an existing debt.
- Going on that dream holiday.
- Replacing your car with the one you've always wanted.
- Making home & garden improvements.
Hampshire Equity Release
Hampshire1 is a county in southern England. The county town is the city of Winchester. Its two largest cities, Southampton and Portsmouth, are administered separately as unitary authorities; the rest of the county is governed by Hampshire County Council.
Hampshire is a county that lies in the southeast of England and is bordered by Sussex to the east, Surrey to the south, Wiltshire to the west and Berkshire to the north. It was created out of parts from Berkshire, Wiltshire and Dorset. It has 1,593 square miles and includes parts of Surrey which make it smaller than some other counties. Winchester’s shire town and six districts make up Hampshire: Eastleigh, Fareham, Gosport, Havant, New Forest and Southampton. It’s mostly a rural region with many forests that are covered with tall ferns.
The population was 735,000 in 2011, with about 400 people per square mile. The original settlement was located on top of a hill that overlooks Southampton Water. This is where the name Hampshire originates from, as it means “home”. The county’s borders are mostly defined by natural features such as rivers or hills. It is well known for its coastline with more than 100 miles of beaches. It’s also home to Winchester Cathedral, which was voted as one of Britain’s greatest historic buildings in 2013 because it represents many periods in history.
The weather is usually unpredictable. It can go from cold and wet to sunny with a chance of rain within minutes, or it could be hot one day then freezing the next.
Equity Release FAQs
How does equity release work in Hampshire?
Can I get equity release in Hampshire?
PS – If you’re anything like us, you skipped to the end anyway.
So here’s the scoop – we are offering to get you the best quote for equity release from the best equity release companies.
What people say
Editorial Note: This content has been independently collected by the SovereignBoss advisor team and is offered on a non-advised basis. Sovereignboss may earn a commission on sales made from partner links on this page, but that doesn’t affect our editors’ opinions or evaluations.
Contributors: Nicola Date, Katherine Read
Reviewed by Francis Hui
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HOW MUCH EQUITY CAN YOU RELEASE?
Most people are using equity release as a means of retaining the use of their house while also obtaining a lump sum or a steady stream of income. Get matched with an expert and check your eligibility for equity release options.
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