Hello, I’m John Whyte, Specialist Equity Release Broker covering Hampshire and the whole of the UK.
I’ll help you choose an equity release plan that’s right for you, leaving you to enjoy your retirement.
I’ve prepared a handy guide to answer some FAQs but welcome you contact me so I can answer your questions personally. To understand the features and risks of your own lifetime mortgage, please
ask for a personalised illustration.
John is one of the most professional people that I have ever had the good fortune to meet. His attention to detail is outstanding and he always gives off his best. After being given some wrong advice by another company it took longer to sort out my business with John than it would the average person. This was not John’s fault. However with Johns help and diligence in guiding me through what was an absolute quagmire I managed to achieve my goal and I have gained confidence in myself to sort out problems. Thank you John for all your hard work in what was a very difficult case.
“I was first introduced to John in October/November through my daughter’s Financial Adviser. He visited me with my daughter present to explain what was involved in releasing equity in my property – I had recently been bereaved and did not wish to move house at the present time.
He was very pleasant and the whole discussion was clearly set out as to what was involved and he explained the various stages of the procedure. This was all conducted in a very relaxed fashion – no hard sell, no pressure. We finally agreed on how much equity I wished to release and he set the wheels in motion. I had various papers to find – some of which were available to him there and then – others would be needed further along the line. He advised that I would be hearing from my solicitor and that the financial side would be handled by the recommended lender.
I duly received an acknowledgement from solicitor followed by an appointment with a firm of solicitors near to my home in order to have my identification verified. This was all satisfactory and I was advised that I would received confirmation of my acceptance before Christmas. This I received on 22nd December and the funds were in my bank before the new year. This could not have been easier or executed more smoothly and John was the driver behind this satisfactory conclusion – I enjoyed working with him. There was no pressure (as with double glazing agents!) I wish him well for the future and now I just have to spend my money!
For the second time John has provided a fantastic service always working in the best interest of his clients. I would highly recommend him.
First contacted John a couple of years ago for advice which he gave making sure I understood everything. This year I contacted him again regarding equity release and again he was very helpful, made sure I understood everything and kept on top of the transaction. I would recommend him.
John was recommended by a friend. He was knowledgeable and friendly whilst advising and supporting my mortgage application. He kept me well informed of the process and was proactive in chasing the lender.
John provided excellent service with utmost professionalism. All aspects of equity release were clearly explained and no matter how small my queries were John dealt with them promptly.. His friendly persona made the whole process of equity release very easy..
A very professional and pro active approach. John provided great service whilst arranging a life time mortgage (equity release) when we moved house. Every thing was crystal clear and ‘no problem’. He also helped to move along the legal conveyancing of the house purchase. A thousand thanks John.
Are you a homeowner in Hampshire over the age of 55 years? As you approach retirement age, you may come to realise that the bulk of your wealth is tied up in the value of your home. Property prices in the South East have risen considerably since the 1990s, so the equity in your home may be worth a significant amount.Read more
The two main types of equity release are lifetime mortgages and home reversion plans. A lifetime mortgage is the most common type of equity release. These allow you to withdraw money from your home in either a lump sum, or multiple smaller payment. You will retain full ownership of your property and the interest on the payments is ‘rolled up’ – the loan and the interest is paid off by your estate when you die or move into long-term care.
A home reversion plan involves the provider purchasing a percentage of your property that then allows you to access its value. You retain the right to live in property rent-free. Similar to a lifetime mortgage, when the property is sold, the provider takes their portion and your estate keeps the rest.
Equity Release Sussex is a trading style of The Later Life Lending Network Limited, an Appointed Representative of The Right Mortgage Ltd, which is authorised and regulated by the Financial Conduct Authority (Ref – 649443). Registered in England and Wales no. 09832887. Registered address: 70 St. Johns Close, Knowle, Solihull, England, B93 0NH.
For Independent Equity Release advice we do not charge any upfront fees however,
a fee of up to 1% of the total cash facility arranged is payable (subject to a typical minimum charge of £1,295) on completion for our service in relation to lifetime mortgage contracts plus commission from the lender.
The exact amount will depend on the complexity and work involved in your case and will be confirmed by way of a formal fee agreement.
For Independent Mortgage Advice we charge a fee of up to 1% of your mortgage amount payable (subject to a typical minimum charge of £295 payable on application & £300 on completion (£595 in total) plus commission from lender. The exact amount will depend on the complexity and work involved on your case and will be confirmed by way of a formal fee agreement.
The information contained in this website is subject to UK regulatory regime and is therefore intended for consumers based in the UK