Equity release specialist covering Edinburgh, Dundee, Perth and surrounding areas.
Equity Release Mortgage Experts Covering Edinburgh, Scotland, and UK.
Equity Release Edinburgh – Harris Black at The Later Life Lending Network
Are you aged fifty-five or over and considering an equity release Mortgage? If you are considering using the value of your home to generate a cash lump sum or income to improve your standards of living, one of our qualified financial advisers will provide you with an overview of your equity release options.
1.
Equity release, also known as a lifetime mortgage, ensures the interest rate agree is fixed for the life of the loan.
2.
You have the right to remain in your property for life or until you need to move into long-term care provided the property remains your main residence and you abide by the terms and conditions of your contract.
3.
You have the right to move to another property subject to the new property being acceptable to your product provider as continuing security for your equity release loan.
4.
Equity release must have a “no negative equity guarantee”. This means when your property is sold, and agents’ and solicitors’ fees have been paid, even if the amount left is not enough to repay the outstanding loan to your loan provider, neither you nor your estate will be liable to pay any more than the value of your home.
This is a lifetime mortgage. To understand the features and risks, please ask for a personalised illustration. Check that this mortgage will meet your needs if you want to move or sell your home or you want your family to inherit it. If you are in any doubt, seek independent advice.
Equity Release Specialists Edinburgh
What is Equity Release? Equity release schemes enable older home owners to release cash from the value of their property without the need to move house. Reasons for wishing to take out equity release may include finding cash necessary for;
Long-term care
Home improvements
Medical needs
Travel and hobbies
General living costs
Helping out family members
Requirements
Generally there are certain conditions that need to be met before taking out equity release, for example:
You will need to be a minimum age of 55
Your property must be over a certain value
You must be a home owner
Your property must be in reasonable condition
Equity Release Edinburgh – The Later Life Lending Network.
Harris Black – Equity Release Specialist
With a career in financial services spanning since 1988, Harris Black brings a wealth of experience and insight to every client relationship. For over 25 years, he has specialised in Equity Release, helping homeowners unlock the value in their properties to enjoy greater financial freedom and peace of mind in later life.
As a proud member of the Equity Release Council, Harris is dedicated to delivering clear, transparent, and personalised advice. He takes the time to understand each client’s unique circumstances, goals, and aspirations, ensuring that every recommendation is carefully tailored to their needs.
Known for his approachable and professional manner, Harris conducts the majority of his appointments face-to-face in the comfort of his clients’ homes. This personal approach allows for relaxed, informative conversations focused entirely on achieving the right outcome for each client.
If you’re considering Equity Release and would like to understand what options could be available to you, Harris would be delighted to help. He offers complimentary, no-obligation initial consultation at a time that’s convenient for you — providing expert guidance to help you make the right decision with confidence.
