About John Whyte Equity Release
I am an equity release specialist based in Sussex, operating across the South East. I have been working in financial services for over 18 years, helping clients with mortgages, life and critical illness cover, income protection and other independent financial advice.
For clients interested in equity release as a way of accessing some of their money in later life, I provide free initial phone consultations. I can answer any questions you may have and, if you are happy to proceed, arrange a face to face meeting somewhere convenient to discuss your specific circumstances and financial situation.
You can read a little bit more about my background and qualifications here, alternatively you can contact me directly to answer any questions you may have about the services I provide. Submit an online enquiry using the form on this page, or call me on 01903 890 660.
Is equity release the right choice for you?
Lots of people find that, when they reach the later stages of life, much of their wealth is tied up in the value of their property. This can make it difficult for them to live comfortably after retirement, make significant investments or spend their money in the way they wish without moving to a smaller home.
Equity release offers an alternative to this, giving homeowners the opportunity to remain in their property while accessing a percentage of its value. This money can be used to fund a home renovation, splash out on a big family holiday or simply make your everyday life more comfortable. To learn more about lifetime mortgages and home reversion click here.
How does equity release work?
Equity release actually generally refers to two different options: lifetime mortgages and home reversion plans. Lifetime mortgages are the most popular – they are long-term loans which are taken against the value of the home, and have the interest rolled up. They are paid off when you die or move into long-term care and the property is sold.
A home reversion plan involves a provider buying a specified percentage of your home so you can access its value immediately. When you die or move to long-term care, the property is sold and the provider receives the equivalent percentage.
Is equity release safe?
Equity release is extremely highly regulated to ensure that those who take out the policy understand it. There are many safeguards in place and reputable advisers are members of the Equity Release Council and adhere to the rules.
Get in touch
If you are currently living in, or near, Eastbourne and would like to set up a free initial consultation with no obligation, please get in touch. I would be happy to help you understand the options available and how they might be able to support your plans for the future.
Equity Release Sussex is a trading style of TRM Financial Ltd (FCA Ref 725622), an Appointed Representative of The Right Mortgage Ltd, which is authorised and regulated by the Financial Conduct Authority (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.
To understand the features and risks, ask for a personalised illustration. Think carefully before securing other debts against your home.