"We wanted to raise money for our daughter to buy a house. We appreciated the patience showed to us when making this decision, and making sure we understood the whole process. It was a big decision for us"
Mrs G. Newton Abbot
What are the main reasons for considering Equity Release?
Home improvements or adaptations.
Paying off an existing Interest Only mortgage.
Consolidating credit card and loan debts.
Additional retirement income.
Later life care at home.
Helping family or friends get on the property ladder.
Moving Home. Equity Release can be used to fund a new purchase.
A lifetime mortgage may impact your entitlement to means-tested benefits and the inheritance you may leave.
As a mortgage is secured against your home, it could be repossessed if you do not keep up the mortgage repayments.
Ocean Equity Release is a trading style of Ocean Mortgages Ltd. Ocean Mortgages Ltd is authorised and regulated by the Financial Conduct Authority and is entered on the Financial Services Register (https://register.fca.org.uk/) under reference 841683.
Only if you choose to proceed and your case completes will Ocean Mortgages Ltd charge a fee. Our adviser will talk you through this and the setting up costs before you make any decision to proceed. A lifetime mortgage may affect the value of your estate and your entitlement to means-tested state benefits.