If you have equity in your home, you may be considering how releasing funds could help you.
When fewer people are selling their homes, more are turning to ways to release funds to improve rather than move, so that their property is more valuable when they do come to sell; funds can be obtained using the security of the home. Many people now use the security of their house to raise funds for various purposes.
For many the simplest way to do this is to re-mortgage, which may involve changing your mortgage company. It is relatively straightforward, and we have helped many people to re-mortgage their property in Berkshire or Oxfordshire, so please do ask if you would like to know more about this to raise funds, or perhaps just to reduce your monthly instalments.
There are also various equity release or shared ownership schemes with which we are familiar, which can be used for raising funds in the appropriate circumstances, so please ask us if you would like information concerning such schemes. If you are having difficulty obtaining a suitable mortgage, we can usually help.
For more information, you can email Patrick Kilby at Patrick@cavershamsolicitors.co.uk or phone us on 0118 947 8638.