Thinking about releasing money from your Brighton or Hove home? Talk to a Sussex adviser who explains things plainly. We offer a free home visit, a phone, Zoom or Teams call, or a face-to-face meeting at a convenient local venue. Our broker fee is a flat £599, explained upfront.
Transparent Mortgage Services is a broker and a trading style of Transparent Financial Associates Ltd, authorised and regulated by the Financial Conduct Authority (FCA number 925926).
Your equity release adviser is our director, Russell Braiden CeMAP. He holds the LIBF Level 3 Certificate in Regulated Equity Release and has been advising on mortgages since 2011. Russell is based in East Sussex and advises clients along the coast, from Bexhill to Brighton and Hove.
We'll help you work out whether equity release is right for you, or whether another option would suit you better. There's no pressure, and your family are welcome to join us.
Our broker fee is a flat £599. We explain it upfront, in writing, with every other cost, before you commit to anything.
Call 01424 444597 or book a free 15-minute chat.
We're rated 5.0 stars from 116 Google reviews.
Many Brighton and Hove homes have risen a lot in value over the years. For some older homeowners, that means a lot of wealth tied up in the house, with a fixed pension income.
The reasons Brighton homeowners come to us are usually the same:
Equity release can help with these. It isn't the only answer, and it isn't always the right one.
We help clients all over the area, including:
Providers have their own property rules. Around Brighton we often check:
This is the most common type of equity release. It's a loan secured against your home.
You sell all or part of your home to a provider, for less than its market value. In return, you get a lump sum or regular payments. You can live there rent-free for life under a lifetime lease, as long as you keep to the terms. The share you sell, and any rise in its value, no longer belongs to you or your estate.
A RIO is a standard mortgage for older borrowers. You pay the interest each month, and the loan is usually repaid when you sell, move into long-term care or die.
For a fuller comparison, read our guide to equity release vs RIO mortgages.
We'll tell you honestly if we think equity release isn't right for you. It may not be if:
This is an example to show how advice works. It isn't a real case.
A couple in their late sixties in Patcham want to clear the last of their mortgage and help their daughter with a deposit.
We'd compare a RIO mortgage (paid monthly) with a lifetime mortgage (no monthly payments), and show how each affects what they leave their family. We'd suggest a family member joins the meeting. The choice is theirs.
Speak to a friendly, expert Mortgage Adviser about your unique mortgage needs.
We'll search 1000s of products for the best mortgage and present our advice to you.
Your Adviser will complete your application, liaise with the lender and you, keep you informed until completion.
We'll explain every cost in writing before you commit to anything. Costs can include:
We won't quote interest rates on this page, because the right plan depends on your circumstances.
Equity release is a lifetime decision. It will affect what you leave behind. That's why we encourage you to involve your family from the start.
We're happy to meet with your children present, in person or on a video call. Your solicitor will also check that the decision is yours and that you understand it.
With a lifetime mortgage that meets Equity Release Council standards, you can stay in your home for life, or until you move into long-term care, as long as you keep to the plan's terms. These include keeping the home insured and in good repair.
Equity release will reduce the value of your estate, so your family will usually inherit less. Some plans let you protect a percentage of your home's value for your family. We'll show you the figures in a personalised illustration.
It might. Money you release and keep as savings may affect means-tested benefits such as Pension Credit or Council Tax Reduction, now or in the future. We'll take this into account and may suggest you check with a benefits adviser.
It depends mainly on your age, your home's value and the plan. Older borrowers can usually release a bigger share. Releasing more means more interest and less left for your family, so we'll help you think about how much you really need.
Many lifetime mortgages let you make voluntary payments, up to a limit, without a charge. This can slow down how fast the balance grows. Repaying more than the limit, or repaying early, may mean an early repayment charge.
Often, yes. Listed status, the lease and the building can narrow the choice of plans, but they don't always rule it out. We'll check before you pay for a valuation.
Yes, a free home visit can be arranged. Many Brighton and Hove clients also choose a phone, Zoom or Teams call, or meet face to face at a convenient local venue.
Our broker fee for equity release is a flat £599. We explain it upfront, in writing, along with every other cost, before you commit. Your first 15-minute chat is free.
Russell Braiden CeMAP, our director. He holds the LIBF Level 3 Certificate in Regulated Equity Release and has been advising on mortgages since 2011.
It varies with the valuation, your solicitor and the provider. We'll give you a realistic idea at the start.
If you live in or around Brighton and Hove, Russell would be happy to help. We're rated 5.0 stars from 116 Google reviews.
Call 01424 444597, email info@tms-fs.co.uk or book a free 15-minute chat.
Equity release will reduce the value of your estate and may affect means-tested benefits. With a lifetime mortgage, interest compounds. Ask us for a personalised illustration.
You may also find these useful: equity release across Sussex, equity release in Eastbourne, equity release in Worthing and how equity release works.
Transparent Mortgage Services is a broker and a trading style of Transparent Financial Associates Ltd, authorised and regulated by the Financial Conduct Authority (FCA number 925926).
