If you’re retired and need extra finance we can help you access the equity in your property.
A reverse mortgage allows you to borrow against the equity in your property to secure extra finances during retirement. It’s available to residential property owners who are retired and meet the age criteria of the lender.
Uses of reverse mortgage
You can use a reverse mortgage for most purposes but some of the most common reasons are listed below:
- Medical expenses
- Home Renovations
- Home maintenance
- New car or motor home to go travelling
- Unexpected emergencies