Equity Release

At Greenacre financial services we offer independent Equity Release advice

What is equity release?

Equity release is a way for older homeowners to access some of the value tied up in their property without having to sell it. Equity release products can provide tax-free cash, which can be used in a variety of ways. You can take the money that you release as either a single lump sum, in several small increments, or as a combination. To read more click here.

There are a range of different services that allow you to access the equity that is tied up within your property. Our advisers will take the time to understand your individual circumstances and provide tailored advice to help you make an informed decision. Options include lifetime mortgages and home reversion plans.

Lifetime Mortgages

A lifetime mortgage is a type of loan that allows you to release equity from your home while still retaining ownership. It is available to those who are over 55 and is regulated by the Financial Conduct Authority (FCA). With a lifetime mortgage, interest is charged on the amount you borrow, which can be paid monthly or rolled up and added to the loan. The loan is repaid when you die or move into long-term care, and the property is sold.

Home Reversion Plans

A home reversion plan is a type of equity release product where you sell all or part of your home to a provider in exchange for a lump sum or regular income. You can continue to live in your home rent-free until you die or move into long-term care, at which point the provider will sell the property and receive their share of the proceeds. With a home reversion plan, the amount you receive will be based on the market value of your home, your age, and your health.

Greenacre’s equity release service

It is important to consider the equity release costs and implications before committing to an equity release product, as it can impact the amount you owe and the sale of your home in the future. Our team of qualified and experienced advisers can help you navigate the complex world of equity release and find the right solution for your individual needs.

Whether you want to supplement your retirement income, pay off debts, or fund home improvements, our equity release advisers can provide personalised advice to help you achieve your goals. Ready to explore your equity release options? Get in touch with our specialist team today to take the first step towards unlocking the value of your home.

At Greencare, we are proud members of the Equity Release Council. This affiliation provides you with additional reassurances and protection, as it guarantees that we adhere to specific standards and principles in our work.

Our Specialists

Gregory Stanworth

Managing Director

Lara Clase

Mortgage Manager and Equity Release Specialist

Contact Us

For more information about any of our services, please don’t hesitate to get in touch by calling us on 0203 3939 222 or by filling in the form below.

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    Hannah D
    Hannah D
    07:42 09 Sep 19
    I would fully recommend Greg and Greenacre Financial Services. As a first time buyer I was daunted by the process of... finding the right mortgage for me however Greg made the process really simple, clear and quick. He was always available to answer any questions and happy to explain everything. I wouldn’t hesitate in recommending Greenacre FS to my friends and family.read more
    Jessica Cohen
    Jessica Cohen
    19:33 26 Aug 19
    We first met with Greg in May for advice as we had adverse credit and irregular pay and didn't think a mortgage was in... our reach. Less than two weeks later Greg had fully arranged a great deal for us on our first mortgage. He was available whenever we needed him, 7 days a week and in the evenings. We cannot thank Greg enough for helping us buy our first home!read more
    Seren Fletcher
    Seren Fletcher
    08:56 24 Aug 19
    Would highly recommend Greg and Greenacre Financial Services. Was extremely professional and helpful. Our mortgage... wasn’t straight forward due to my husband being self employed but Greg was very knowledgable and managed to find us a really good mortgage. Looking forward to working with him again in the futureread more
    13:24 23 Aug 19
    Graham at Greenacre was excellent in helping me get a mortgage for my house purchase. He was always available when... needed, provided an efficient service and was very knowledgeable. Highly recommended!read more
    Ian Hatter
    Ian Hatter
    11:07 16 Aug 19
    What can I say, Greg has been absolutely amazing in sorting out a mortgage for me I never thought was possible. It has... meant I have been able to buy a house, a few months ago, I would never have dreamed of being able to buy after talking to high street lenders. He worked exceptionally hard and always kept me updated with every step of the process. Buying a house is extremely stressful, but Greg took all that stress away from me. I cannot recommend Greg enough to anyone looking to buy a property. Thank you so much for your help Greg, it's greatly appreciated.read more
    Sean Kelly
    Sean Kelly
    15:27 30 Jul 19
    10/10 EXCEPTIONAL service and result. Highly recommend. Greg and the Greenacre Financial Services team were fast,... knowledgeable, and honest. All the qualities you want and need. Very pleased I was recommended to Greenacre. Customer for life!read more
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