Hi looking for equity release

magicman62

Hi all I am fairly new here and I am looking for advice on equity release....I am unfortunately be forced to consider this due to a unfortunate run off circumstances over the last 7 years redundancy which led to debts and a remorgage deal to keep my house whilst unemployed then a marriage break up leaving me with debts which combined with my mortgage means I cannot retire till I am at least 69 I am 62 now and my health is not at it's best..I need to know what sort of company to approach can any be recommended...I need to do this as cheaply as possible due to case flow...I am on a DMP with step change and applied with them about 6 months ago but didn't meet their criteria ..I just need to clear my mortgage and poss debts before I retire....any help will be appreciated..I will gladly supply any other info if required....

Edi81

We need numbers

Value of debts
Value of House
Outstanding mortgage

Doesn’t sound too promising to be honest

magicman62

debts = 13k (with stepchange) mortgage - 34-35k.....house value 170k -180k hope this help