Is Equity Release an option?
Around 10 years ago when the banks withdrew long-established overdrafts and loans, some people found that Equity Release was a lifeline.
Companies now run by the children or even grandchildren of the Founders may find that their families are highly motivated to release funds from their homes to save what they still regard as THEIR business.
Equity Release is not going to be suitable for most, but for some, it may be the only option other than financial disaster.
Talk to Willowlace Ltd in the first instance to see if you have any other options, but if you don’t, then we can recommend an Equity Release Specialist.
Equity release refers to home reversion plans and lifetime mortgages. To understand the features and risks ask for a personalised illustration