Is it hard to choose the best equity release in London with all the choices available?

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What Is Equity Release?

An equity release mortgage¹ 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.

How Does Equity Release Work?

Equity release is available for individuals or couples over the age of 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: How Exactly Does Equity Release Work?

London Quick Information

London², the capital of England and the UK, is a 21st century city with history stretching back to pre-Roman times.

At its centre stand the imposing Houses of Parliament, the iconic ‘Big Ben’ clock tower and Westminster Abbey, site of British monarch coronations.

Across the Thames River, the London Eye observation wheel provides panoramic views of the South Bank cultural complex, and the entire city.

London City Information

London is the capital of England and the UK and one of the world’s most exciting cities. It is the most populous city in England.

London Population Information

It is also the largest metropolitan area in the UK, with 8.7mln people.³

It is an economic powerhouse, generating 5% of global GDP⁴ alone, and it has been ever since its first few centuries as a Roman settlement on the River Thames.

London History

The city⁵ was founded sometime around 43AD when Emperor Claudius ordered his troops to build a bridge across the Thames at the location where they had discovered water seeping from what would become known as “the source.”

London Weather

The weather in London⁶ varies because it is a large city with many different types of climate zones. Climate Zones are based on how far north or south they exist and their proximity to an ocean, sea, lake, river, or water source.

London's seasonal change can be broken down into Winter (November to March), Spring (April / May), Summer (June to August) and Autumn (September / October).

Temperatures can range from 0 degrees in Winter, to 85 degrees in the height of summer.

London's Most Famous Landmarks

It is home to many famous landmarks, such as Big Ben, Westminster Abbey, Buckingham Palace and Tower Bridge.

The city also has a rich history that can be seen through it's architecture and art galleries.

It is a great place for international business because it offers an excellent infrastructure with all the necessary services from transportation to communication.

London Neighbourhoods

There are many different neighbourhoods to explore in London, including Covent Garden, Kensington Gardens and Notting Hill.

Equity Release in London, UK

London Equity Release

Equity Release Solicitors and Advice in London

The best equity release solicitors in London can be found by completing our calculator below.

Once you've seen how much you can release we will arrange for the leading equity release expert in London to give you a quick call to answer any questions you have.

How to Equity Release for a London House?

If you are looking to release the equity in your house in London, use the calculator above and see how much you can release today.

London Lifetime Mortgage FAQ's

Conclusion

The scoop: – We are offering to get you the best quote for equity release from the leading equity release companies.

Our intention is to help you save money by finding the best equity release in London so that you can spend the money on those bucket list items.