Hello, I’m John Whyte, Specialist Equity Release Broker covering Horsham 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.
Equity Release in Horsham
Lots of homeowners across the UK use equity release as a means of funding their lifestyles after retirement. If you’re finding that the majority of your wealth is tied up in the value of your home, arranging a lifetime mortgage or a home reversion scheme is a way to access a lump sum or a series of smaller payments as you need it.
It might be that your retirement income doesn’t quite cover the level of comfort that you’d like to enjoy. Perhaps your interest-only mortgage is about to mature, and you need additional funds to repay the outstanding balance. Maybe you want to invest in renovations for your home, but can’t afford them on your retirement income alone. Or, you might just want to splash out on a big family holiday to enjoy some relaxation with your loved ones now that you’ve finished working.
There are a number of different lenders that provide equity release, so the important thing is to choose the one that best fits your circumstances. Depending on your current financial situation and what you’re hoping to use the funds for, I can help you find the scheme that will be most beneficial for you and your family.
Testimonials
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.
Why work with John Whyte
Having worked all over the South East of England for many years, I have discussed equity release options with homeowners in Horsham, Warnham, Southwater and the surrounding areas. My specialist expertise in mortgages and equity release means I can offer personalised, impartial advice about the options available to you, particularly if you are looking at lifetime mortgages, later-life mortgages or home reversion.
If you are considering equity release and would like to better understand how it might affect your circumstances, I would be happy to talk about your situation and answer any questions you may have. You can call my office for an initial phone consultation (always free and without obligation) on 01903 890 660, and from there we can arrange a face to face meeting at our offices in Worthing, or your home in Horsham.
How much could you release?
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’!
Get in touch
To find out more about equity release mortgages and later life mortgages in Horsham, please get in touch on 01903 890 660 to arrange an initial consultation. You are very welcome to visit our office in Worthing or we can make an appointment for a home visit if you prefer. Rest assured that our first consultation is always free of charge and without obligation. We look forward to hearing from you.
Other Local Areas We Cover in Sussex
Eastbourne
Brighton and Hove
Crawley
Chichester
Bognor Regis
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