Could equity in your home help fund your retirement?

mortgage adviser kapiti equity release

As the New Zealand population ages, many Kiwis are retiring with mortgage free houses, but their personal savings and superannuation do not provide enough money to maintain their current lifestyle or allow for purchases such as home repairs, a new car or overseas travel. Equity release mortgages, sometimes called Reverse Annuity Mortgages, are designed to help maintain your standard of living and quality of life by releasing some of the equity out of your home without having to move. 

A Mortgage Link Kapiti mortgage Adviser will be able to explain clearly how an Equity Release mortgage works, what the benefits and pitfalls are, advise on the best terms and recommend the best lender for your equity release needs. They are also there to walk you through any extra fees, property valuation and legal advice needed before completing the agreement. We are aware that this isn’t a decision that is made easily, and we are happy to meet with you to discuss if an equity release mortgage is the right option for you.