01484 605931 (Option 1)
ER Can I make Interest Payments
Can I Make Interest Payments?
Traditionally with Equity Release you had to borrow what you needed at the beginning and then interest would start compounding.
This is no longer the case. There are products now available that allow you to make the monthly interest, or part of the interest payments, so that the amount you have borrowed does not increase.
This type of product is suitable for somebody that may have good retirement income, but feel they need more money in the bank to enjoy retirement. It is like an interest only mortgage into retirement, but with the ability to be able to stop making payments at any in the future, at which point it becomes like a traditional Equity Release Product.
Call us today on 01484 605931 to find out how much equity you could release.
Where to find us:
111 Bramston Street, Rastrick, Brighouse,
HD6 3AQ, UNITED KINGDOM
YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR OTHER LOAN SECURED ON IT
Think carefully before securing other debts against your home. Your mortgage is secured on your home, which you could lose if you do not keep up your mortgage payments. Check that this mortgage will meet your needs if you want to move or sell your home or you want your family to inherit it. If you are in any doubt, seek independent advice.
KIS financial solutions is Authorised and Regulated by the Financial Conduct Authority (FCA No. 302556).