mortgages

Mark Morris trading as Wise Move Mortgages is an appointed representative of First Complete Direct Limited, which is authorised and regulated by the Financial Services Authority, for advising on and arranging mortgages, pure protection products and accident, sickness, unemployment, buildings and contents insurances.

Equity Release is a means of using the value of your home to receive either a lump sum of cash or regular monthly instalments. There are two types of equity release:an equity release mortgage plan or an equity release home reversion plan. In both instances, age is the primary factor in determining the percentage of the value of your home that can be released. There is no maximum age limit for equity release, although applications are not usually granted for anyone under the age of sixty. Remember that in the event of the value of your property decreasing, the debt will also decrease, in addition, this will ensure that any outstanding debt, after the sale of your property will not be passed on to your next of kin.