“We can now enjoy our retirement without worrying”

For most, a mortgage is the largest and longest financial commitment of our lives

The idea of being free from your existing mortgage repayments is a dream for many. Paying off your existing mortgage means you could enjoy extra money from having lower monthly outgoings, you could retire earlier using the money that would have gone towards the mortgage, or you could simply enjoy the peace of mind knowing you are free from mortgage repayments.

Retired couple Patrick and Christine from Buckinghamshire were looking for a way to pay off their existing interest-only mortgage.

“Although we had savings to pay this off, it would leave us with little money in retirement. We didn’t want to be left with no savings.

“We explained our situation to the local bank who suggested we consider equity release to pay off the remaining mortgage, so our savings remained untouched.

“After looking online, Key appeared to be the most respected and reputable equity release company. We did our research and agreed that this would be the best option for our needs.

“We contacted Key who organised for an expert equity release adviser to talk to us and discuss our options. He was very helpful and there was no pressure to proceed. When we decided to go ahead, the process was very smooth and we felt relieved to have finally paid off our existing mortgage. The whole time it felt like something was hanging over us – now we can just enjoy our retirement without worrying. “The money we released has also given our children a boost to get on the property ladder. It’s nice to help them when they need it the most.”

Key Equity Release has helped more than one million people decide whether equity release is right for them. Their expert advisers will explain how equity release will reduce the value of your estate and may affect your entitlement to means-tested benefits.

They’ll also ensure you consider your other options including downsizing or using other forms of lending.

Key Equity Release offer lifetime mortgages only, which is a loan secured against your home. Typically, there are no monthly repayments to make, as the loan plus roll-up interest is repaid when the plan ends.

This could help free up more of your income to spend how you choose and provide greater financial peace of mind.

Key’s equity release advice relates to their range of Key branded products and is completely free of charge. So you can find out if it’s right for you without it costing you a penny. Request your FREE guide to equity release today.

*Lowest available rate correct as of March 2, 2021. All other stated rates correct as of March 2, 2021. Interest rate received and plan features subject to eligibility. Ask for a personal illustration.