Could you be eligible for a Right to Buy equity release plan?
If you own an ex-council house property which you purchased through the Right to Buy scheme, you may be looking at ways to access some of the equity in it. One option for over-55s looking for a tax-free cash boost is equity release. Here, we explore if you can release equity from a Right to Buy house and if so, how to go about it.
In this article, we will be covering:
- What is equity release?
- What is a Right to Buy house?
- Can you do equity release on an ex-council house?
- Can I release equity from my Right to Buy house?
- How much could I release from my ex-council house?
- Equity release providers and Right to Buy schemes
- How could equity release benefit me?
We hope this guide will help you understand the issues around ex-council houses and equity release. Our selected advisers are also available to discuss your circumstances and offer further information and advice. Find out what’s possible for you: get a free quote or talk to one of our friendly consultants by calling 0800 096 2215 or request a call back.
Please note: This article is provided for information purposes only and does not represent financial, mortgage or investment advice. If in doubt, you should seek independent financial advice.