Welcome to NRG. We are equity release and mortgage specialists based in the South East. We are highly trained experts who have been in the mortgage field for many years and have comprehensive experience finding the perfect equity release product for your needs. Get in touch with us for your no obligation consultation.
We understand that equity release may seem complex and intimidating and we are here to simplify the process. Essentially, if you are over 55, you can use equity release to free funds from your property, which you don't have to pay back until you move into long-term care or pass away.
There are two main types of equity release:
Lifetime Mortgage: A lifetime mortgage is a loan against the value of your property which can allow you to release money in instalments, as opposed to a lump sum. You can normally borrow as much as 60% of the value of your property. It means that you can keep the loan to the scale you need, so that the amount to be paid back is minimal.
Home Reversion Plan: This is a less common option for equity release. These let you sell part of your property to an equity release company, and still live there for as long as needed. You may need to be older for this option (sometimes a minimum of 65) and your estate may lose money if you die in less than five years of taking the plan out.
Our expert team can help you to find out more about the equity release options available to you, with a no obligation meeting. We are a dedicated member of The Equity Release Council and are committed to their principles, consistently ensuring that the appropriate protection is provided to you and that you are given reliable advice. We provide first class equity release guidance to clients across the local area.
Equity release can be a great option if you are looking for additional funds for a range of activities. It can be used for holidays, home improvements, helping loved ones onto the property ladder, or just helping you enjoy your retirement. Whatever the reason, it is essential that it is the right choice for you, so our experienced experts will discuss all the information thoroughly.
We have a reliable team of mortgage experts, who have experience working with a wide variety of different clients, finding solutions for all situations. Whether equity release is your focus, or you are looking for a first time buyer mortgage, or self-employed specialist mortgage, or anything else, we can find the perfect option.
We are truly committed to being honest and trustworthy, along with keeping you fully informed throughout the entire application. We will keep you updated from the first meeting with us, all the way to the approval of your application.
*Your home may be repossessed if you do not keep up repayments on your mortgage.
*Consolidating debt may reduce your outgoings now, but you may end up paying more overall. Your home may be repossessed if you do not keep up repayments on your mortgage.