Equity Release

How to Use the Property Equity Release Calculator

Apart from pandemics, social-cultural issues, and the sluggish, one of the most troubling problems affecting most modern women is the lack of proper HCG1 levels. HCG is the hormone that supports the healthy development of an egg in a woman’s ovary and stimulates the release of the egg during ovulation. HCG injections are therefore used to trigger ovulation and treat infertility in women and also help increase sperm count in men.  

These issues have become rampant, and they’re most familiar with inactive persons and those in their golden years. HCG injections2 help in maximizing productivity, but they can also be a tad too expensive over time. Thus, by using the property equity release calculator, you can figure out how much equity you’re eligible for and manage to fund your injections.

Demystifying Equity Release

Getting older is both a blessing and a curse. You’re so full of wisdom, but your body also tends to give in to old age. So, it’s not surprising that your body’s natural hormones will diminish. By getting these HCG injections, you can reclaim your strength back and feel a bit younger. You also need them regularly so it can be costly in the long run. Equity release3, the 21st Century financial knight on a white charger, can help you afford these injections and even allow you to assist your sister and daughter who are also having the same issues.

The financial product is a mortgage plan that allows homeowners to unlock the equity tied up in their estate by turning it into a series of drawdowns (monthly income) or a cash lump sum. It’s aimed at retirees aged 55+, those with homes in the UK, and are valued at more than €70,000.  Due to the Equity Release Council’s (ERC)4 governance and the Financial Conduct Authority5 (FCA) regulations the product, equity release is one of the safest financial plans today. The scheme offers you the right to receive tax-free cash and allows you to retain ownership of your home till the life of the loan comes to an end – usually when you die or move into residential care.

You also don’t have to make any monthly repayments since you repay the mortgage when you pass on or move out permanently. Moreover, since most people are concerned with leaving an inheritance, the plan, especially the home reversion option allows you to ring-fence6 a part of your estate for your family. It also features the ‘No negative equity guarantee’ which protects you from paying more than the original value of your residence when you took out the scheme. It also ensures that the lender doesn’t place penalties on you when you move homes.

It’s the best option for anyone looking for some extra cash since it also offers you the financial freedom to spend the capital you release as you wish. You don’t have to come up with a business plan on how you’ll use the money. You can use it to go on the much-needed vacation to Bali, for the various home improvement projects you think your estate needs, to help out family or to pay for medical expenses. It’s all up to you. You, however, have to ensure that you settle any impending mortgage before spending the cash on other things.

So, if you think you’re eligible for this incredible product, use the property equity release calculator online and figure out how much capital you can release from your home and start improving your HCG levels for a healthier retirement!