The Mortgage Girl launches new company offering equity release lifetime mortgages
The launch of our new company, The Equity Release Lady, is a great addition to the services we can provide here at The Mortgage Girl.
We do not just do First Time Buyer Mortgages, we are also specialists in retirement mortgages and later life lending via our sister company, The Equity Release Lady.
We have been helping clients obtain mortgages right up to the age of 99 years old! Whilst having a mortgage past your retirement age is not everyone’s preferred choice, this is an option for those who need it.
Our new company, The Equity Release Lady, can advise on Equity Release Lifetime Mortgages, which is another potential option to consider when exploring all later life mortgage options.
So how does this fit in with The Mortgage Girl?
We are finding more and more often, especially with the impact of Covid on first-time buyers’ savings and income, that the bank of mum and dad, or nan and grandad is the most common way for first-time buyers to raise the deposit they need to get onto the property ladder.
By releasing equity from their property via a lifetime mortgage, parents or grandparents can gift the funds raised to the first-time buyer to use as their deposit. This is a more popular way of gifting an early inheritance. Parents and grandparents can then see the children enjoy their new property.
And furthermore, like The Mortgage Girl, The Equity Release Lady is an all-female team, empowering women in financial services, and clients to make their financial decisions safely and confidently, knowing they are being well looked after by an understanding team.
The article below explains all about The Equity Release Lady.
Managing Director of The Mortgage Girl and The Equity Release Lady, Samantha Bickford says:
“It is important to level up the gender divide in the advice industry to give women the opportunity to deal with a female adviser if it made them more comfortable.”
“The equity release advice sector needs to reflect society in terms of a 50/50 split between the genders,” said Bickford.
“There is an innate trust between women which is particularly important for newly divorced, bereaved or single female borrowers”.
Please contact us to find out more details about The Mortgage Girl services. We are delighted to provide you with initial, free advice tailored to your individual circumstances.
Looking for more great mortgage news, tips & advice? Check out our last blog post: Should I get pre-approved for a Mortgage?