Contact Us
Landlords
 Insurance
Quote Request
About Omega
FSA Compliance
Privacy Policy
Terms of Use

home >> equity release



Title: equity release products from Omega Financial Services
 

Equity Release

 

Omega Financial Services Limited offers clients independent access to Lifetime Mortgages. Our aim is to find the most suitable mortgage scheme for your circumstances from our panel of lenders. Finding the right mortgage provider for you is very important and at Omega Financial Services we will provide you with a professional approach to the Equity release mortgage market. We will ensure that you fully understand the terms of your new mortgage including all the costs, charges and potential risks. Only then when you are happy to take things forward will we approach a mortgage lender on your behalf, no pressure, no tacky sales techniques, just a professional independent service to ensure you have peace of mind.

Our Service to you:

Full advisory service until completion of your mortgage Lending terms issued within 24 hours Dedicated administration team to ensure that you receive your mortgage offer as quickly as possible Face to face client meetings can be arranged at your request Mortgages available:

  1. Lifetime Mortgages - Borrow funds from the equity in you home for any purpose
  2. Equity Release - Use the equity in your home to generate an income. This is a lifetime mortgage. To understand the features and risks please ask for a personalised illustration.

Key Facts About Equity Release

  • Your minimum age must be 55

  • Facilities are only available if you own your home

  • The amount of mortgage available will depend on your current age

  • Funds released from your home can be used for any purpose and are tax free

  • You do not have to make regular payments to the mortgage unless you wish to

  • Lifetime mortgages enable you to still own your property

A Fee of up to 1% of the mortgage, payable when you apply for a mortgage
(e.g. £1000.00 for a£100,000 mortgage).
We will also be paid commission from the lender.
Our typical fee is £500.00.