SELL YOUR HOME QUICKLYHomeowners wanting to release equity told to do it now
The Saga Group has advised homeowners to release equity from their homes sooner rather than later, “Houseladder” has reported – before the value of homes’ equity is diminished by falling property prices. In an online article published yesterday, “Houseladder” explained that although equity release is not affected by temporary economic instability, it is advisable to release capital before plummeting house prices lower the value of equity available to homeowners.
According to Saga personal financial advisor, Alex Edmans, homeowners who are thinking about accessing their equity should make up their minds as soon as possible – and opt to release the equity now, rather than waiting. “If you are considering arranging equity release in the near future, then it might be advisable to do so sooner rather than later,” he stated.
However, Edmins added that homeowners should “fully understand the policy, the risks and costs involved” in equity release, reported “Houseladder”. He also advised homeowners to ensure that they had no negative equity release guarantee before applying for equity release.
Do you need cash fast – but don’t want to get embroiled in a complicated and expensive equity release scheme? Contact MPG Investments today. We buy property – and we’ll purchase yours, too. It’s a simple, strings-free sale that won’t leave you locked-into a contract for years to come. Within a single week, you can sell your house to us for cash, regain your financial footing and say goodbye to debt.
Speak to an MPG advisor today on 0800 634 9231, or contact us via our website. When we say that we buy property, we mean it – so get a guaranteed cash offer for your property from MPG today.
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