Hello, I’m John Whyte, Specialist Equity Release Broker covering Guildford 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.
About John Whyte Equity Release
I have many years’ experience in providing independent financial advice to clients across the South East, specialising in mortgages and equity release. Whether you are planning to take out a lifetime mortgage or home reversion plan in the near future or are simply getting more information for a later decision, I will be happy to answer any questions you may have.
I routinely work with people all over the Guildford area, providing phone consultations and arranging meetings at homes in Farnham, Woking, Leatherhead and Guildford, as well as the neighbouring towns and villages. For more information about Equity Release options, please call me on 01903 890 660.
Testimonials
Why choose equity release?
Most people find that, over the course of their lifetimes, the majority of their money gets invested into their homes. This can make it difficult to access their money once they reach retirement, particularly without leaving the property, happy memories and neighbourhood friendships, behind.
Equity release schemes offer a way for homeowners over the age of 55 to access some of their funds in the form of a lump sum or a series of smaller payments. It provides an alternative to down-sizing and can be used to enjoy a more comfortable lifestyle, fund a home renovation or pay for a big family holiday.
The most important thing before committing to any scheme is to make sure you fully understand the terms and consider whether you are making the best financial decision for your situation. This is where I can help, explaining the different options and giving you an idea about how much equity could potentially be released from your home.
If you would like to have a free, no-obligation initial conversation about this, please complete the form on this page or email john.whyte@therightequityrelease.co.uk and I will get back to you as soon as possible.
Our Case Studies
Mr & Mrs B from Sussex
Aged 70 & 74. Property Value £165,000. An initial release of £26,400 for debt consolidation, minor home improvements, holidays for the year ahead and Birthday/Christmas spending on their family. Further (annual) sums have since been drawn to continue provision for the annual costs of holidays, birthdays and Christmas presents for their every growing family.
Mr & Mrs P from Hampshire
Aged 67 & 65, Property Value £300,000 outstanding mortgage of £56,000 with a term due to expiry, Other debts of £17,000, Total Monthly Cost of £540. Total Release of £74,500 to repay in full all debts and initial set up costs, interest to be serviced as equivalent monthly cost is lower at circa £400pm and capital ultimately repaid on death from the estate.
Mr & Mrs S from Guildford
Recently retired Mr & Mrs S had means of ‘paying’ interest and possibly even mortgage loan capital but they found that ‘normal’ mortgage lending was restricted. To fund renovations on their new property, the couple opted for a small £30,000 release, made on a value of approximately £330,000. They are now looking to release further funds to indulge their ‘bucket list’!
How much could you release?
Talk to us today about equity release by calling 01903 254993 or by the form below.
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