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Raise capital quickly. Unlock the value of your home.
The equity in your property is the difference between the current outstanding mortgage and the actual value of the property. Over the term of the mortgage, not only will some of the mortgage have been repaid, but the value of the property may have also increased.
Where this is the case, if you're in need of additional capital, for example to finance a special occasion, with interest rates at a 48 year low an equity release loan may be the most cost effective way to fund this expenditure.
Check out the main features of HSBC Bank's Equity Release Loan:
- You can borrow from £10,000
- Repayment terms are from 5 years to 30 years
- Overpayments can be made, saving you money in the longer term
- Interest is charged at the same rates as an HSBC Bank mortgage, where HSBC Bank hold a first charge over the property
- If you currently have a mortgage with another provider, we can consider refinancing the existing loan as well as providing the new finance needed.
HSBC's Equity Release Loan
For many people, property can be the most valuable asset held. Therefore, in the event that additional finance is required, an equity release loan may be a worthwhile alternative to any other form of lending.
Tuesday, April 27 - 2004 at 15:02
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HSBCTuesday, April 27 - 2004 at 15:02 UAE local time (GMT+4)
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This Article was updated on Thursday, March 15 - 2007
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The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AME Info Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Limited and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AME Info Web site.
AME Info FZ LLC / Emap Limited can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AME Info Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / Emap Limited.
In no event shall AME Info FZ LLC / Emap Limited be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AME Info Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
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