There are three main types of Equity Release schemes that LinkU2 Equity Release advisers can advise you on. These plans are listed below along with a brief overview, for further information please click on the links to be directed to that particular page. A Lifetime Mortgage enables you to release a tax free lump sum from your property with no monthly repayments. The lump sum plus the accrued interest is repayable when you sell your property or after your death or move into long term case. Almost identical to the Lifetime Mortgage only more flexible. This option allows you a pre-approved cash reserve which you can take as and when required. Releasing money in stages as and when you need it can greatly reduce the roll up of interest.

With both types of Lifetime Mortgage, you have the right to live in your property for the rest of your life or until you move into long term care. You agree to sell some or all of your property to an equity release company in return for a tax free lump sum or regular income. In return you have the right to live in your property for the rest of your life or until you move into long term care. When the property is sold, the reversion company receives its share of the proceeds, including any increase in value.

At LinkU2 Equity Release our advisers will ensure you choose the right Equity Release plan to suit your specific needs and circumstances.