Retirement Mortgages In Bridgnorth



Retirement Mortgages In Bridgnorth

Are you looking for Retirement Mortgage advice in Bridgnorth?

Our team of Chartered Financial planners located in Bridgnorth are Retirement Mortgage specialists.

Developments in the mortgage industry mean that later life mortgages such as equity release are becoming more and more popular.

At Howard Wright, we provide advice on the most suitable mortgage for your requirements, whether this is fixed, variable, capped, or discounted. Other options such as offset accounts will also be considered.

At Howard Wright, will be remunerated from the mortgage provider which is usually 0.3% of the loan amount. For example, a Mortgage of £150,000 would result in a fee of £450 from the lender. Any costs will be confirmed to you before any business is transacted. Your home may be repossessed if you don’t keep up your mortgage repayments.

Equity Release

Equity release is a product that allows individuals to unlock some of the equity within their property, usually to assist with covering expenditure shortfalls in retirement.
Usually, no monthly payments are required, though interest will increase the outstanding debt each year.

Both retirement interest-only and equity release mortgages are usually repaid when you sell your property, move into long term care or pass away.

Our advisers in Bridgnorth are fully qualified to help you in deciding whether these mortgages are appropriate for you and if so, we have the sourcing systems in place to recommend the most suitable product for you.

At Howard Wright, we charge a fixed fee of £3,000 for Equity Release advice. This is a lifetime mortgage (home reversion scheme). To understand the features and risks, please ask us for a personalised illustration.


Retirement Interest Only Mortgages

Retirement interest-only mortgages, allow you to keep your interest-only mortgage into your retirement as long as you can afford the monthly payments.

Your circumstances may mean that you have not been able to clear the debt before retiring and as such these can provide valuable breathing space, without having to sell your home.

Your home may be repossessed if you don’t keep up your mortgage repayments.

What to do next?

To discuss your Mortgage options with one of our Chartered Advisers based in Bridgnorth, you can call us on 0345 688 4939 or fill in our enquiry form below, it only takes 20 seconds to complete.

We look forward to hearing from you and seeing how we can help.

“Howard Wright have been providing us with Financial planning advice for the past 4 years. During this time, Howard Wright have taken time to build a relationship based on trust, integrity and open honest two-way communication.

Our relationship manager is always on hand to answer queries and demonstrates a willingness to provide services and answer queries as quickly as possible – regardless of the time of day.

I would have no hesitation in recommending Howard Wright”


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Start planning your financial future today.

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