Kent Equity Release (Oct 2021)
Are You Looking For the Best Equity Release Schemes in Kent?
Equity Release Plans in Kent Reviewed By Experts. You Won't Believe What We Found When Reviewing These Kent Plans…
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Equity Release Plans in Kent Reviewed
I think you’ll agree with me when I say:
It’s REALLY hard to choose the best equity release in Kent 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.
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Why Should You Compare Quotes in Kent?
About the Equity Release Providers in Kent We Compare
Most Popular Reasons for Releasing Cash
Kent Equity Release
Kent1 is a county in southeastern England. In the city of Canterbury, Canterbury Cathedral has a 1,400-year history, and features a Romanesque crypt and medieval stained glass. The underground Canterbury Roman Museum has excavated mosaics. Whitstable, to the north, is a coastal town with colourful cottages and a harbourside fish market. East, along the coast, Margate is home to the Turner Contemporary art gallery.
Kent County is in southeastern England and lies on The English Channel. The county borders London to the west, Surrey to the south-east, Sussex to the south-west, Essex to the northeast and Suffolk to its northeast. Kent has an area of 3,842 square kilometres (1,486 sq mi). The administrative centre of Kent Maidstone was established by the Romans as their administrative centre for Kent at some point during or before the 1st century. The county of Kent has an estimated population of just under two million people. It also includes the coastal resort town of Folkstone (population 17,000) and the seaside resort town Margate in Thanet district to its East (population 65,000). Other major towns include Ashford (population 76,000) and Canterbury (population 120,000).
The historic city of Canterbury became one of Europe’s most influential Christian centres after St Augustine arrived there from Italy to convert its pagan inhabitants in Old English times; it retains much medieval architecture including five large parish churches that date back to Norman times.
It’s served by Dover International Port at Dovercourt Bay which handles cross-channel ferries from France and Belgium – many visitors are attracted by Canterbury Cathedral or English Heritage properties such as Leeds Castle near Maidstone. The region is rich in wildlife habitats, including several designated Sites of Special Scientific Interest managed for their conservation value: they include Romney Marsh around Rye and Dungeness to the west, as well as broadleaf tree parks at Ashford Forest.
Equity Release FAQs
How does equity release work in Kent?
Equity release in Kent is, in a nutshell, a mode of unlocking the value of your property in Kent and turning it into a lump sum.
You can do this via several policies which allow you to access – or ‘unlock’ – the equity attached up in your residence if you are over 55.
Can I get equity release in Kent?
Qualifying for equity release in Kent is contingent on the maturity of the youngest person on the title deed & also your Kent property criteria.
To qualify, you need to be at least 55, own your home worth at least £70 000 (or have it on a freehold basis) & in good condition.
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.
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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.
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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.
Use our free equity release calculator & see how much you can release today.