Logo

Equity Release

In Scotland

Telephone 01560 483334
Home

What can it be used for?

Unlock the capital in your home to spend on whatever you like.

  • Boost your income
  • Help your family
  • Carry out home improvements
  • Reduce inheritance tax

We provide friendly expert advice on how to free up the equity in your home without needing to move.

Expert Advice in Your Home
Use your home to provide for a better retirement
More and more people in the UK are starting to use the value built up in their home to help them enjoy a better retirement. Modern equity release plans are more flexible and those backed by members of the trade body Safe Home Income Plans (SHIP) offer a guarantee that you will never owe more to the product provider than the value of your property.
 
Members of SHIP have to comply with a code of practice designed to protect customers.
 

What is Equity Release?

Equity release enables you to unlock money from your home while you still live there and you do not have to make any repayments until the property is sold either on your death or when you move into care.
 
An equity release plan can provide you with access to cash lump sums, a regular income or both.
 
To qualify for an equity release plan you must be over a certain age (55 for most products) and own your property.

Free Equity Release Guide

Click Here
 
 
 

 
ALBA Money is authorised and regulated by the Financial Services Authority to advise on and arrange regulated mortgage contracts and non-investment insurance. Our FSA no is 302662 http://www.fsa.gov.uk/register/ . Licensed under the Consumer Credit Act 1974 to undertake business of credit brokerage & debt counselling. Our consumer credit licence no is: 193264.
 
This is a life time mortgage. To understand the features and risks, ask for a personalised illustration. Our mortgage advice is free up to the point of application, whereupon a fee is payable. Our fee will be £500 in total for advising on and arranging an equity release mortgage. We shall ask you to pay nothing for your initial consultation, £150 when you ask us to carry out research and report back and the balance of £350 to be paid in full when your application is made.  We will also be paid a commission from the lender. ALBA Money only provides advice on and arranges Lifetime Mortgages.