Its with great sadness to announce that we lost John earlier this year and wish to extend our condolences to all Johns family ,friends ,clients and anyone that knew John.

John was a vibrant member of the local community and a true professional in the workplace and will be greatly missed. Please rest assured that Equity Release Sussex will continue to  look after clients old and new through John’s longstanding friend and colleague Tim Ashton via the contact details already on the website. Tim and John started in the business at the same time and it was Johns wish for Tim to continue to look after his clients in his absence.

Both John and Tim are  independent broker’s with 25+ years’ experience in the financial services industry, specialising in equity release plans. Using unparalleled expertise in this complex sector can help you find the most competitive deals and later life mortgage facilities from all lenders.

A property asset may well be your largest ever investment but obtaining finance to purchase a flat or house , or releasing equity from your existing family home, can be a complicated process that’s hard to navigate on your own. The good news is that there’s a wealth of choice out there and I can give you my personal attention and provide the expert help to guide you through the maze and find a financial solution that is right for you.

What is Equity Release?

Equity release refers to a range of products that let you access the equity (cash) tied up in your home if you are over the age of 55. You can take the money you release as a lump sum, in several smaller amounts or as a combination of both.

If you’re a home owner who is wishing to release some of the value of your own property, then you’ve come to the right place. Some retirees find themselves equity rich but cash poor, and releasing the equity locked up inside your home may be an excellent way to generate additional financial liquidity.

Using my vast industry knowledge and expertise, I can help you choose an equity release plan that’s right for you, leaving you to enjoy your retirement. I’ve prepared a handy guide to answer some FAQs but welcome you to contact me so I can answer your questions personally. To understand the features and risks of your own lifetime mortgage, please ask for a personalised illustration.

How equity release works

Graham Devenish – Worthing,

Right from the start John displayed a calm, efficient knowledgable persona and helped guide us through the field. Any questions asked were always dealt with quickly and accurately and made for a pain free process. Thank you John.

Douglas Mason and Linda Summerfield – Eastbourne,

We were referred to John through a family member. We found him very helpful and very patient in explaining everything to us. There were a couple of hiccups along the way but John dealt with them as quickly as possible and put our minds at rest. We would not hesitate to recommend him to anyone considering Equity Release.

Jan Godfrey – Rustington,

Very professional and pleasant to deal with. John took great care to make sure we got the best deal and even nudged our solicitor along to ensure we didn’t miss our deadline before the rate went up. Highly recommended

John Marshall – East Sussex,

Throughout a number of financial arrangements, John has taken us through the minefield of the necessary steps with clear guidance and aplomb. We do recommend his professionalism very highly.

John Stewart – Middlesborough,

Can highly recommend JOHN,he was first class through out are equity release.Everything was explained in a clear manner and if necessary John was happy to go over everything a second time..Always supportive throughout and always available to offer advice and encouragement.Was quick to react to all eventualities
A gentleman and myself and my wife are grateful for his help.

Katie – East Preston,

I first saw John in 2019, at that time we agreed that equity release was not for me, however after the covid pandemic my situation changed and I contacted him again, John takes great care to make sure everything is explained fully, I am very pleased with the service provided and confident with my choice.

Mr & Mrs Keene – London,

John was brilliant during all phases of our equity release process. Clear, supportive and above all : quick to react to all our various Queries.

Lorraine Peel – Littlehampton,

Always a pleasure working with John informative trustworthy patient I don’t think I could trust anybody else !

Richard Procter – Lancing,

From the very first meeting I knew that John would be on my team. He is thoroughly professional but with a light and approachable touch. I would recommend this man highly for his knowledge and expertise. He found us a lifetime mortgage deal when others had turned us away. I’ve already recommended him to my sister. Thank you, John, for all your hard work.

Our Services

What is Equity Release?

Equity release is a way to unlock the capital tied up in your home in one cash lump sum or in several smaller amounts, or as a combination of both. You can only get equity release if you own your home and are over the aged of 55.

What is an equity release broker?

An equity release broker is a completely independent intermediary for clients seeking to release equity from their property. An equity release broker offers market intelligence and acts as an agent for the customer, providing personalised advice. Equity release brokers make their money by charging a fee or commission for tailored equity release solutions.

What Costs are Involved with Equity Release?

There are costs involved with equity release. These are the fees for independent financial advice, the mortgage lenders charge and the property valuation or survey fee required to get a current market value of your property.

There is also the interest accumulated through lifetime mortgage plans, but this isn’t an immediate cost – it is rolled-up until the end of the loan (when you die), at which point it is payable by your estate.

Do I have to pay tax on the equity released?

No, you do not pay any direct tax on the money you receive from an equity release plan. It is not classed as a capital gain because you are borrowing money against your home. However, if you invest your tax-free cash in ISAs or other savings accounts, you may have to pay tax on any growth. Releasing equity from your house will reduce the value of your estate so it could actually reduce your Inheritance Tax bill when you die.

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Our Case Studies

Talk to us today about equity release by calling 01903 254993 or by the form below.

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Equity Release Sussex is a trading style of The Later Life Lending Network Limited, an Appointed Representative of The Right Mortgage Ltd, which is authorised and regulated by the Financial Conduct Authority (Ref – 649443). Registered in England and Wales no. 09832887. Registered address: 70 St. Johns Close, Knowle, Solihull, England, B93 0NH.

For Independent Equity Release advice we do not charge any upfront fees however,
a fee of up to 1% of the total cash facility arranged is payable (subject to a typical minimum charge of £1,295) on completion for our service in relation to lifetime mortgage contracts plus commission from the lender.

 

The exact amount will depend on the complexity and work involved in your case and will be confirmed by way of a formal fee agreement.

For Independent Mortgage Advice we charge a fee of up to 1% of your mortgage amount payable (subject to a typical minimum charge of £295 payable on application & £300 on completion (£595 in total) plus commission from lender. The exact amount will depend on the complexity and work involved on your case and will be confirmed by way of a formal fee agreement.

The information contained in this website is subject to UK regulatory regime and is therefore intended for consumers based in the UK