The Costa Blanca Area

A beautiful place to live

Equity Release


 We are proud to announce that we work in partnership with the leading equity release company Key.

You may be able to access tax-free cash tied up in your home to help finance a better retirement.

After years of working hard to make monthly repayments, your home in the UK might be your biggest asset, especially if you have benefited from an increase in house prices over the last few decades.

An equity release plan in the form of a lifetime mortgage allows UK homeowners aged 55-95 to access some of the cash locked in the value of their home.

If you’re considering purchasing a holiday home abroad and require some extra funds for the purchase then you may want to look into releasing tax-free cash from your home in the UK.

There are two types of lifetime mortgages available:
Lump Sum – This is where you take the full release amount available, compound interest is added to the loan until the plan comes to an end.
Drawdown – This is where you take smaller amounts as and when you require, compound interest is only added to the amount you release and not the full facility available.

Are you eligible?
Tens of thousands of people are already enjoying the benefits of unlocking the cash from their home. However it’s not suitable for everyone, which is why it’s important to get independent advice before you make a decision.

You may be eligible for a lifetime mortgage if:
You are aged 55-95
You are a UK resident (spend at least 6 months of the year in the UK)
You are a homeowner with a property worth at least £70,000

Unless you decide to go ahead, Key’s service is completely free of charge as Key’s usual advice fee of 1.99% of the amount released would only be payable on completion of a plan, subject to a minimum advice fee of £1,499.