Properties in Sheffield worth over £88,000 more than ten years ago
Sheffield house prices have risen by more than £88k in ten years, meaning later life homeowners can access more tax free cash with equity release.
The amount you can access with equity release depends partly on your home’s value. That’s why increases in average property prices typically mean you can release more cash.
The cost of properties in Sheffield has soared in the last decade, with the average home in the city now worth £88k more than 2013. With property prices soaring here and across Yorkshire, equity release sales rose by 26% in the county between 2017-2022 according to the Equity Release Council.
As record equity release sales were seen in 2022, it’s clear that homeowners have been making the most of their surging property wealth.
If you are curious about how much you could unlock, or how to go about arranging equity release in Sheffield, make sure you read this guide. We’ll be discussing:
- What is equity release?
- Average Sheffield property value rises by £88k in ten years
- Land Registry analysis of Sheffield house prices
- Sheffield homeowners could unlock up to £26k more than in 2013
- What are the main types of equity release in Sheffield?
- Am I eligible for equity release in Sheffield?
- How can I arrange equity release in Sheffield?
We hope this article will give you a good introduction into arranging equity release in Sheffield. Nothing beats specialist advice though, so for further information and guidance, please do talk to one of our friendly selected equity release advisers.
Simply call us on 0800 096 2215 or request a call back and we’ll arrange a no-obligation appointment with an adviser for you. Or click here to find out how much you could unlock from your home with our free online tool.