At Seniors Mortgage Finance, we specialise in Reverse Mortgages and Part Sales which come under the term Home Equity Release.

A Reverse Mortgage allows those over the age of 60 who own their home to borrow an amount of money now, with no repayments necessary until the home is sold, or the last surviving partner passes away.

We can explain exactly how Reverse Mortgages and Part Sales work, both of which are ideal options for many people who are ‘asset rich, but cash poor’.

The Part Sale is a property transaction and not a loan, so there’s no compounding interest to worry about. This Equity Release product is postcode specific, so please ask about eligibility.

The money you receive can be used for anything, such as paying off credit card debt, medical expenses, renovations, a new car or even a holiday. The choice is yours.

For specialist help and information about Reverse Mortgages and other Home Equity Release financial products, contact us today.